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Sunday 15 July 2007

U.S.antimony trioxide market stable

JIEFU antimony trioxideBEIJING (Asian Metal) 6 Jul 07 – Followed the cancellation of antimony trioxide export rebate, Hunan halt antimony production due to environmental protection, Chinese suppliers tried to enhance the price in the world market, but American market participants told Asian Metal that price of antimony trioxide is stable at around USD2.3/lb in warehouse Baltimore.
A U.S. distributor told Asian Metal that the 99.5%min Twinkling Star antimony trioxide is offered at USD2.28-2.3/lb in warehouse Baltimore. He claimed that the price is stable. He had received higher offers from Chinese suppliers, but the consumers are reluctant to accept the higher prices.
A Chinese representative who is located in the East Coast told Asian Metal that price of 99.5% min antimony trioxide is the same as before at USD2.3-2.4/lb d.d.p. The material he represents has its own brand and has the quality the same as Twinkling Star.
The source takes that it is normal to have delay for the American market react to the changes from in the Chinese market. “Because there were already stocks in Baltimore and other warehouses, and the market will be affected only when the current stockpile is consumed.” Plus, it takes more than a month for the material to get to America.
According to the sources, demand in U.S. is steady, and the manufacturers maintain normal productions during the summer.

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