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December 8, 2008

 

Sulphate feed additive prices in China firmer 
 

An eFeedLink Exclusive

 

 

Prices were stable to higher.

  

Transacted prices of sulphate feed additives in China

Variety

Price as of Nov 21

Price as of Dec 5

Price Change

(RMB/tonne)

(RMB/tonne)

(RMB/tonne)

Cupric sulphate

9,500-10,500

9,700-11,000

200 to 500 

Ferrous sulphate

1,000-1,300

1,300-1,800

300 to 500 

Zinc sulphate

3,800-4,800

4,000-4,800

0 to 200

Manganese sulphate

4,000-4,800

4,200-4,800

   0 to 200   

Prices are representative and for reference only.
RMB1=US$0.1453 (Dec 8)
 
 

Cupric sulphate

 

Prices rose over past two weeks amid tight supplies.     


Transacted prices by local producers were in the range of RMB9,500-10,500/tonne ex-factory, while deals concluded in the general market were between RMB9,700/tonne and RMB11,000/tonne.


Prices of cupric sulphate are likely to remain firm as producers have outstanding orders to fulfill.

 
 

Zinc sulphate

 

Prices stayed firm amid stable trade and reduced supply.


Transacted prices by producers were in the range of RMB3,500-3,800/tonne ex-factory. In the general market, traders concluded deals between RMB4,000/tonne and RMB4,800/tonne.


In the near term, zinc sulphate prices are seen stable while supplies of raw material tighten.

 
 

Manganese sulphate

       

Manganese sulphate prices were stable as domestic and export demand improved.


Transacted prices of humidified manganese sulphate by local producers were in the range of RMB3,500-3,800/tonne ex-factory. General market prices were between RMB4,200/tonne and RMB4,800/tonne.


Manganese sulphate prices are expected to remain stable in the near term as demand picks up.

            
 

Ferrous sulphate

 

Prices were significantly higher as supplies tightened amid active trade.


Transacted prices by producers registered RMB800-1,200/tonne ex-factory, while traders concluded deals in the general market between RMB1,300/tonne and RMB1,800/tonne.


In the near term, ferrous sulphate prices are seen to remain firm amid supply tightness. 
 

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