Antimony prices remain stable in quiet market

BEIJING (Asian Metal) 16 May 07 – Sources informed that Chinese antimony market keeps quiet with prices for 99.65%min antimony ingot stable at RMB39,000-40,000/t (USD5,078-5,208/t) ex works and RMB36,000-37,000/t (USD4,688-4,818/t) ex works for 99.5%min antimony trioxide.

A Hebei-based trader said the market is quiet and demand is slow. “Few deals have been closed in the past two months and the price for 99.65%min antimony ingot stabilizes at RMB39,000-40,000/t (USD5,078-5,208/t) ex works these days,” said the source.

The source also revealed that trading volume of the company has decreased to 10-15t per month due to the sluggish market, about 10t less than its normal level.

A Hunan-based antimony trioxide producer informed that they have received offers of RMB37,000/t (USD4,818/t) VAT excluded for 99.9%min antimony ingot, a little lower than that of April. “The price for 99.5%min antimony trioxide remains in the range of RMB36,000-37,000/t (USD4,688-4,818/t) ex works,” said the source.

The source did not anticipate any turnaround until June, when consumers will run out of stocks. The smelter is running regularly with an output of about 100tpm for antimony trioxide.




Sam Xu
Sales Engineer

DONGGUAN JIEFU FLAME-RETARDED MATERIALS CO.,LTD
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