After a consultation period, Industrial Minerals has today suspended the following grade of zircon, effective April 18, 2018:
Zircon premium grade min 66.5% ZrO2 bulk FOB Australia US $ per tonne
Industrial Minerals has suspended this grade after assessing that FOB terms are no longer representative of global market contracts.
Since Europe represents a large market in terms of zircon consumption outside of China, Industrial Minerals launched the following price assessment on April 18, 2018:
Zircon, premium grade, min 66.5% ZrO2, CIF Spain, $/tonne
To consistently provide the market with the most relevant data, Industrial Minerals will continue to assess prices for the following grades:
Zircon, premium grade, min 66.5% ZrO2, bulk, CIF China, $/tonne
Zircon, standard grade, min 65.5% ZrO2, CIF China, $/tonne
If you have any comments on the discontinuation or launch of these prices please contact Cameron Perks by email at: pricing@indmin.com. Please add the subject heading: ‘FAO: Cameron Perks, re: Zircon’.
All historical data relating to these prices prior to their suspension will be retained and can be made available to subscribers upon request.
To see all Industrial Minerals pricing methodology and specification documents go to www.indmin.com/Methodology
To see all Metal Bulletin Group’s pricing methodology and specification documents go to the Fastmarkets Methodology.
