Resumen de Prices

Industrial Minerals

• Higher purity product, 94-97% C, also remained unchanged in China: +80 mesh was traded at $850-950/tonne, while -100 mesh stood at $550-700/tonne, and +100 -80 mesh sold at $700-800/tonne, according to IM's assessment on 3 November.

  As for Europe, prices for high purity refractory grade graphite (94-97% C, +80 Mesh, CIF Europe) remained at $750-850/tonne, while medium mesh graphite grade (94-97% C, +100 Mesh -80 Mesh, CIF Europe) stood at $700-750/tonne.

  While IM has heard from some suppliers in China that the no-quota system would mean savings on their part, for others the cancellation spells bad news for prices going forward: "Now the price is at the bottom already," one local company said. "If the quota is cancelled, this industry is doomed."