Expana proposes to launch Zinc Oxide and Manganese Sulfate Expana Benchmark Prices

Expana is proposing to launch weekly Expana Benchmark Prices (EBP) for zinc oxide and manganese sulfate in all regions and is collecting feedback from market participants until Monday, October 28.

If the industry supports this proposal, Expana suggests launching the weekly assessments on Monday, December 2.

The proposed specifications for the assessments would 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) CIF São Paulo ($/kg), Packing: 25kg bags/boxes, Delivery time: usually within 2-4 weeks 

• Manganese sulphate 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) CIF São Paulo ($/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 would represent a major upgrade to Expana’s trace minerals coverage.

If you have any feedback or suggestions on this proposal, please send these to [email protected] by Monday, October 28, 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.