Beijing (Asian Metal) 2017-6-27 Affected by the sluggish development of the optical glass industry, the market demand for light glass grade yttrium oxide is dull. However, due to the increase in prices of concentrates in the upper reaches of raw materials, its prices have followed up. At present, China's mainstream glass grade yttrium oxide mainstream transaction price of 1,780-1,830 yuan / kg (262-269 US dollars / kg) cash factory, compared with last week's price rose 20 yuan / kg (3 US dollars / kg).
Consumers of thorium oxide in the south said that due to the low demand of end-users in the downstream glass market, we have reduced the purchase of raw glass grade thorium oxide. “Now the market of optical glass industry is sluggish, and end-users have very little demand for glass. At the same time, the price of light glass grade yttrium oxide is increasing. Consumers are more inclined to look for alternatives instead of using glass-grade yttrium oxide.” The source said. He revealed that the current mainstream price of glass-grade yttrium oxide in China is RMB 1,780-1,830/kg (262-269 US$/kg) in cash, which is an increase of RMB 20/kg ($3/kg) from last week. The company's most recent purchase was the purchase of 1 tonne of glass-grade yttrium oxide at the end of March at a cash-to-plant price of 1,700 yuan/kg (250 US dollars/kg).
The average annual demand of this consumer is 5 tons, and the inventory it holds can maintain production until the 4th quarter.
Another consumer of antimony oxide in the south said that the current market demand for optical glass grade antimony trioxide is weak and transactions are scarce. “In the summer, optical glass sales have been sluggish, and we will not enter the market to purchase raw materials for oxidation,” the source said. He revealed that China's current glass-grade antimony oxide mainstream price is 1,780-1,830 yuan / kg (262-269 US dollars / kg) cash factory, compared with last week's price rose 20 yuan / kg (3 US dollars / kg). He believes that despite the increase in the price of antimony concentrate, the price of glass-grade niobium oxide has risen. However, due to the lack of market demand support for niobium-on-glass niobium oxide, the price increase is only a short-term behavior. He holds a wait-and-see attitude toward the market outlook.
The average annual demand for this consumer is 2 tons, and it currently holds 1 ton of inventory.