Government has lowered the benchmark price of mining products exports duty for September. It said, the global fluctuations prices affected the next month’ decline. Compared to the previous month, most mining products experienced a decline.
Iron concentrates is set at average price of US$92.61/WE or decrease 10.05%. Laterite iron concentrates is set at average price of US$47.32/WE or a decrease of 10.05%. Iron sand concentrate has average price of $55.30/WE or decreased by 10.05%. And zinc concentrate is set at average price of $584.58/WE, down 9.85%.
Then ilmenite concentrate has average price of $215.30/WE or down by 0.67% and washed bauxite has average price of US$23.77/WE, down 1.56%. Meanwhile, manganese concentrate has average price of US$275.35/WE and pellet of iron sand concentrate has average price of US$117.98/WE, unchanged.
Copper concentrate has average price of US$2,355.57/WE or an increase of 1.81%, lead concentrate has average price of US$835.67/WE or an increase of 5.29%. Then rutile concentrate has average price of US$942.56/WE or an increase of 2.02%, and nickel has average price of US$21.62/WE or an increase of 16.42%.
