December 30, 2022
China Trace Minerals: Prices stable despite weak sales (week ended Dec 26, 2022)
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Although sales weakened lately due to the severe epidemic situation in China, trace minerals markets stayed firm amid limited availability and high output expenses.
Copper sulphate export prices were at US$2.72/kg. Transact prices were in the range of RMB17-19/kg in China.
Export prices and of ferrous sulphate were at US$0.39/kg and transact prices were stable at RMB1.80-2.73/kg.
For zinc sulphate, export prices stayed to US$1.12/kg while local transact prices stayed firm in the range of RMB6.60-7.84/kg.
Meanwhile, zinc oxide export prices were mainly at US2.88/kg, whereas local transact prices consolidated in the range of RMB18-20.10/kg.
While export prices moved to US$0.57/kg, manganese sulphate remained in the range of RMB3.30-3.99/kg in China.
Prices of trace minerals are seen stable to lower in the coming weeks.
Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/29/32/326/4565
