January 21, 2021

China Trace Minerals: Prominent rise in copper, zinc sulphate prices (week ended Jan 18, 2021)

Expanding hog feed consumption lent support to the trace mineral markets in conjunction with rising output costs.  Prices of copper sulphate and zinc sulphate were higher by 45% and 40% respectively compared with a year ago.

Copper sulphate export prices climbed to US$2.58/kg.

Export prices and local transact prices of ferrous sulphate were firm at US$0.175/kg and RMB1.14-1.25/kg respectively.

For zinc sulphate, export prices increased to US$1.10/kg whereas 、

High hog feed demand will boost the sales of trace mineral products, supporting prices to stay strong.

Full version of the report is available at:  https://spoutinfo.com/market-forecast-detail/29/32/326/2832

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