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Price Briefing: : China releases additional lithium onto market alleviating supply shortage

Industrial Minerals

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Abstract

On June 13, Henan Billions increased its rutile TiO[subscript]2 price by Chinese renminbi (Rmb) 500/tonne ($75.45) in China, and by $100/tonne for exports. The company also increased prices for chloride-route TiO[subscript]2 by Rmb 1,000/tonne ($150.9) and by $150/tonne for exports. Foundry grade chromite, 46% Cr[subscript]2 O[subscript]3, currently stands at a range of $225-280/tonne FOB South Africa, while refractory grade chromite, 46% Cr[subscript]2 O[subscript]3, is at a higher $265-290/tonne FOB, according to the IM Pricing Database. According to IM 's Pricing Database, talc prices out of South Africa (pharmaceutical, FOB Durban) stand at between $700-850/tonne. Talc used in cosmetic/paint A grade is at $660-745/tonne (FOB Durban) and paint/soap B grade (FCLs bagged FOB Durban) prices are reported at $500-585/tonne.

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What this paper is about

On June 13, Henan Billions increased its rutile TiO[subscript]2 price by Chinese renminbi (Rmb) 500/tonne ($75.45) in China, and by $100/tonne for exports. The company also increased prices for chloride-route TiO[subscript]2 by Rmb 1,000/tonne ($150.9) and by $150/tonne for exports. Foundry grade chromite, 46% Cr[subscript]2 O[subscript]3, currently stands at a range of $225-280/tonne FOB South Africa, while refractory grade chromite, 46% Cr[subscript]2 O[subscript]3, is at a higher $265-290/tonne FOB, according to the IM Pricing Database. According to IM 's Pricing Database, talc prices out of South Africa (pharmaceutical, FOB Durban) stand at between $700-850/tonne. Talc used in cosmetic/paint A grade is at $660-745/tonne (FOB Durban) and paint/soap B grade (FCLs bagged FOB Durban) prices are reported at $500-585/tonne.

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Available abstract

On June 13, Henan Billions increased its rutile TiO[subscript]2 price by Chinese renminbi (Rmb) 500/tonne ($75.45) in China, and by $100/tonne for exports. The company also increased prices for chloride-route TiO[subscript]2 by Rmb 1,000/tonne ($150.9) and by $150/tonne for exports. Foundry grade chromite, 46% Cr[subscript]2 O[subscript]3, currently stands at a range of $225-280/tonne FOB South Africa, while refractory grade chromite, 46% Cr[subscript]2 O[subscript]3, is at a higher $265-290/tonne FOB, according to the IM Pricing Database. According to IM 's Pricing Database, talc prices out of South Africa (pharmaceutical, FOB Durban) stand at between $700-850/tonne. Talc used in cosmetic/paint A grade is at $660-745/tonne (FOB Durban) and paint/soap B grade (FCLs bagged FOB Durban) prices are reported at $500-585/tonne.

Key concepts: Tonne, Agricultural economics, Economic shortage, Renminbi, China, Chromite, Business, Agricultural science

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