Q4 2025 Market Outlook: Critical Raw Materials Trends and Logistics.

Analysis: Entering the final quarter of 2025, the market for CRM (Critical Raw Materials) is characterized by "contract seasonal hedging." 

Logistics Focus: Winter navigation prep in Northern European ports is causing a temporary spike in short-sea shipping rates. GranTi recommends pre-booking capacity for November-December shipments now. 

Price Projections: We forecast a slight softening in ilmenite prices (down 2%) as new supply from African projects enters the market, whereas zircon is expected to climb due to low inventory levels in China. 

Strategic Fact: 40% of the market is now moving toward fixed-price annual contracts to avoid the volatility seen in early 2025.