The price for U.S. ilmenite fell slightly but demand steady

Dec. 14, 2011 - PRLog -- Pittsburgh (Asian Metal) 2011-12-13 U.S. manufacturers said demand remained strong in the past few weeks, the wishes of market purchases ilmenite is strong. However, some small traders said that with the approaching end of the year, the entire market purchase was steady. Some traders said, by the seasonal weakness in the latter part of the market is expected to decline slightly.

With the steel back into the market, New Year's turnover is expected to remain high. The next few weeks, due to the influx of European resources in the domestic market, ilmenite price bearish. Expected consumption may rebound early in the first quarter, so the decline is small.

U.S. traders bid for 70 # ilmenite maintained at 7.5-7.9 USD / kg, last week fell 0.1 USD / kg of titanium.

A small 70 # ilmenite U.S. trader offer 7.8-7.9 USD / kg titanium. He said near the end of the year, market high price. He said, since a few weeks, because consumer demand is relatively stable supplier of ilmenite, they received the inquiry and order the company steady. Resources into the domestic market by foreign influence, ilmenite prices may fall slightly, but the domestic market was steady throughout.

"Over time, quote and order has been stable. Since a few months, our company's sales nearly flat. Ilmenite smooth operation of the market, prices do not rise or fall sharply, I think a good market conditions, transactions strong," the trader said.

"The question is more and more raw materials into the domestic market now, coupled with the strong wishes of the current procurement may result in prices bottomed out." The trader said.

Another United States ilmenite trader said the weeks, the prices steady. He was a truck shipment of more than 70 # ilmenite offer 7.4-7.7 USD / kg of titanium, micro-transaction price is about 7.7-8.0 USD / kg titanium. He said that this quarter of the market remains high, but they did not like the other companies that the company traded steady.

"The U.S. market was steady, but low turnover of our company by the end of the impact of shipping is not ideal. The next few days, market transactions began to fall, I adopted the attitude of the New Year market. By the influx of foreign resources, by the end of ilmenite prices may fall slightly, while next year the market trend is unknown, "the trader said.
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