As manufacturer specialized in manufacturing of Antimony trioxide and Non-Halogen Flame Retardant,Since 2000, JIEFU have pioneered the manufacturing of flame retardant masterbatches in China.JIEFU initiated from custom flame retardant compounding of all commodity and engineering plastics to technologically sound production of fiame retardant masterbatches under the brand name JIEFU masterbatches.

Friday, December 21, 2007

Manganese, selenium & molybdenum prices

Manganese prices jumped more than 15% last week to new record highs of US$4000/t on rising demand from China's steel industry, while bismuth gained nearly 5% to new record peaks on supply shortages.

Selenium surged to 16-month highs, while molybdenum oxide climbed to a seven-month high after China said it would raise export taxes.

Manganese, used to harden stainless steel, has gained nearly 200% since January.

Supply shortages from China have triggered a meteoric rise of more than 250% in selenium prices since last October.

Reinforcing the shortages is growing demand from Japanese and South Korean firms, who are using it as a substitute for lead in the manufacture of TV and computer screens.

No comments:

************Honor*************

************Honor*************