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Zimbabwe SpodCon exports growing but what of grade?

Posted on - 11 Jul 2024

Category - Data update

China’s imports of SpodCon from Zimbabwe continue to rise, with May imports hitting 100.5Kt. But realised price calculations suggest that grades for this material remain well below benchmark with our realised price calculations suggesting that, unless material is substantially discounted into China (which may well be the case), grades have averaged c.3% over the past 18 months, although that level is improving to just over 4% now. Prices and grades for Brazilian material have also fluctuated considerably during the past 12-18 months, but they seem to be stabilising in the +5% region, which is where we would expect them to...

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Topics

Africa Brazil China Prices SpodCon Spodumene Zimbabwe