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Fastmarkets is inviting feedback from the industry on its pricing methodology for its industrial minerals, as part of its annual methodology review process and compliance with the International Organization of Securities Commissions (IOSCO) principles for PRAs.
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The range widened for the fused magnesia price in Europe on Tuesday July 21, as Chinese material became even cheaper while material from producers in the Eastern Mediterranean held steady.
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View the Fastmarkets holiday pricing schedule for 2020 and 2021.
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Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year.
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Fastmarkets IM is opening a market consultation to seek feedback on its proposal to discontinue a range of prices across seven different markets.
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European silicon carbide quiet while Chinese market takes break; Indian barytes exporters consolidate dominance in Middle East; antimony trioxide prices mostly steady during Lunar New Year holiday; iodine spot market activity slows, prices adjust; proposal to amend, discontinue refractory clay prices; proposal to discontinue caustic soda prices.
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Industrial Minerals proposes the amendment of two grades of refractory clay prices and the discontinuation of eight grades of refractory clay prices.
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Industrial Minerals proposes to discontinue all of its caustic soda prices.
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Industrial Minerals will be closed from December 25 until January 1 in observance of the Christmas and New Year holidays.
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Market patterns governing andalusite trade are expected to change next year, as suppliers say they will seek shorter contracts amid a situation of high demand and limited output.
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Several consumers of refractory minerals gathered in Santiago told IM they are certain that “everything will appreciate” next year as shortage of materials will trigger higher contract prices.
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IM will change the frequency of its kaolin price assessments.
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The publication of Industrial Minerals’ price assessments will be affected by the Christmas holidays.
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Weak demand for ceramic goods in Asia is capping kaolin consumption – the main raw material for production. Demands are unlikely to pick up in the remaining of 2016, market participants said.
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Fluorspar prices fail to rebound due to weak demand; Chinese TiO2 operators signal yet another price hike; bauxite prices slow down amid persistent issues in consumption; Chinese silicon carbide export values point to lower prices; lithium prices see a degree of stabilisation.
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While Chinese refractories companies are licking their wounds after a bearish and bloody 2015, battery producers are reveling in increased profit margins as demand ticks up. TiO2 markets look set to recover also - but will this be passed onto mineral sands producers?
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US clays see further price increases; TiO2 market recovery postponed until 2016;
Indian barite prices poised to leap.
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Barite prices tipped to leap on shortages and Indian reforms; rare earths in for settled 2015
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Announcement lags price hikes from rivals in US clay industry
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Energy minerals still waiting for battery lift off; chromite market bearish over next 12 months
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Company restates warning of impact volatile freight rates will have on costs.
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Prices for calcium carbonate, kaolin, mica, feldspar to increase by 3-5% in New Year
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Prices for aluminosilicate products to increase $20-30/dry s.ton in Americas region
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