Expana to launch Zinc Oxide and Manganese Sulfate Expana Benchmark Prices
November 4, 2024
Following a period of feedback, Expana has decided to launch weekly Expana Benchmark Prices (EBP) for zinc oxide and manganese sulfate across Asia, Europe, North America and South America. The publication of the new assessments will start from Monday, December 9.
The initial proposal was announced in a market note published on Monday, September 30, which can be viewed here.
The specifications for the assessments will be as follows:
- Zinc oxide (Feed Grade) FOB China Main Port ($/kg), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Zinc oxide (Feed Grade) DDP China end-user (CNY/kg), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Zinc oxide (Feed Grade) CIF NW European end-user (€/kg), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Zinc oxide (Feed Grade) DDP US Midwest end-user ($/kg), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Zinc oxide (Feed Grade) FOB São Paulo (BRL/kg), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Manganese sulfate monohydrate (Feed Grade) FOB China Main Port ($/tonne), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Manganese sulfate monohydrate (Feed Grade) DDP China end-user (CNY/tonne), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Manganese sulfate monohydrate (Feed Grade) CIF NW European end-user (€/tonne), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Manganese sulfate monohydrate (Feed Grade) DDP US Midwest end-user ($/tonne), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
- Manganese sulfate monohydrate (Feed Grade) FOB São Paulo (BRL/tonne), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks
Zinc and manganese are essential trace minerals that are crucial for the proper growth and development of livestock such as broiler chickens and swine.
Zinc plays a role in various physiological functions, including protein synthesis, metabolic energy production, and antioxidant defence.
Manganese supports bone development, reproduction, immune response, energy metabolism, and the activation of enzymes.
In combination with our existing copper sulfate assessments, the addition of these price series represents a major upgrade to Expana’s trace minerals coverage.
Please send any questions or comments about this market note to [email protected], clearly stating which market note your comments relate to, and whether comments are intended for publication by Expana.
Expana will acknowledge receipt of all comments by email.