October 3, 2011
 
China sulphate additives market stable on tight supply
 
An eFeedLink Exclusive
 
 
Prices were stable to higher.
 

Transacted prices of sulphate feed additives in China

Variety

Price as of Sep 21
(RMB/tonne)

Price as of Sep 30
(RMB/tonne)

Price change
(RMB/tonne)

Cupric sulphate

   15,800-16,300

15,800-16,300

0

Ferrous sulphate

670-870

700-1,000

+30 to+130

Zinc sulphate

4,800-5,100

4,800-5,100

0

Manganese sulphate

3,500-3,800

3,500-3,800

0

Prices are representative and for reference only.
RMB1=US$0.1568 (Oct 3)

 

Cupric sulphate
 
Pre-holiday purchases and tight copper supplies held prices of cupric sulphate firm lately.
 
Transacted prices by local producers were in the range of RMB15,600-15,800/tonne ex-factory, while deals concluded in the general market were between RMB16,500-17,000/tonne.
 
China's cupric sulphate market is seen stable due to low availability of copper.
 
 
Zinc sulphate
 
Zinc prices plunged in the global market but remained stable in China due to diminishing output. Prices of zinc sulphate were stable as production costs stayed unchanged.
 
Transacted prices by major producers remained at RMB4,900-5,100/tonne ex-factory. In the general market, traders concluded deals in the range of RMB5,200-5,300/tonne.
 
Prices of zinc sulphate are expected to stay around the current range as producers stay cautious.
 
 
Manganese sulphate
 
Stable demand from the poultry industry together with production disruption due to power shortages upheld manganese sulphate prices of late.
 
Transacted prices of humidified manganese sulphate by major producers in were between RMB3,600/tonne and RMB3,800/tonne ex-factory. General market prices were at RMB3,700-4,100/tonne.
 
Limited availability will support manganese sulphate prices to stay stable.
 
 
Ferrous sulphate
 
Supplies by a major producer in Sichuan reduced due to maintenance halt, lifting prices of ferrous sulphate.
 
Ex-factory price quotes by a major producer in Sichuan were at RMB300-470/tonne while traders concluded deals in the general market at RMB700/tonne.
 
Low supplies of ferrous sulphate will underpin prices in the coming period.
 


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