July 7, 2022

China Trace Minerals: Prices soften on tepid demand (week ended Jul 4, 2022)

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As sales remained slow, trace mineral products producers lowered prices while the costs of production decreased.

Copper sulphate export prices fell to US$2.85/kg. Transact prices narrowed to the range of RMB19-19.10/kg in China.

Export prices and local transact prices of ferrous sulphate remained at US$0.29/kg and RMB1.94-2.40/kg respectively.

For zinc sulphate, export prices dipped to US$1.21/kg while local transact prices consolidated lower in the range of RMB8-8.10/kg.

Meanwhile, zinc oxide export prices slid to US2.93/kg, whereas local transact prices softened to the range of RMB19-19.60/kg.

While export prices were unchanged at US$0.64/kg, manganese sulphate remained in the range of RMB4.29-4.60/kg in China.

Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/29/32/325/4229

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