2015•Industrial MineralsRequires access

Currency fluctuations crunch export earnings

Laura Syrett

Abstract

IM 's prices for TiO[subscript]2 pigment (high quality, bulk) stand at $2,500-2,900/tonne on a CFR Asia basis and EUR 2,200-2,500/tonne ($2,389-2,715/tonne) on a CIF Northern Europe basis, but FOB China prices are reported to be in the $1,800-2,000/tonne range. IM 's prices for premium grade zircon (66.5% ZrO[subscript]2, bulk) stand at $1,050-1,150/tonne on an FOB Australia basis; $1,050-1,450/tonne FOB US; and at $1,050-1,150/tonne FOB China. Prices for standard grade zircon (65.5% ZrO[subscript]2, bulk) stand at $1,000-1,050/tonne on an FOB Australia basis; $950-1,150/tonne FOB US; and $1,080-1,100/tonne FOB China.

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Key concepts: Tonne, Agricultural economics, China, Environmental science, Economics, Waste management, Engineering, Geography