October 22, 2012
Sulphate additives markets firm up in China
Cupric sulphate
Demand for cupric sulphate strengthened considerably as feed millers restocked depleting inventories while piglet inventories expanded.
Meanwhile, cupric sulphate producers increased prices as output costs rose amid higher copper prices.
Cupric sulphate prices are seen firm amid improved demand and higher ingredients costs.
Zinc sulphate
Prices of raw ingredients increased lately as commodities markets strengthened. Hence, zinc sulphate producers held prices firm although demand showed little improvement during the period in review.
Zinc sulphate prices are likely to increase amid higher production costs.
Manganese sulphate
Output costs of manganese sulphate moved higher, prompting producers to lift prices despite slow demand.
Manganese sulphate prices are seen stable to higher in the coming period.
Ferrous sulphate
Prices of titanium dioxide rose due to tightened supplies, prompting ferrous sulphate producers to increase prices while demand improved.
Feed millers are likely to stock inventories of ferrous sulphate amid concerns that prices might climb further, hence lending support to the market.
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