10 Sep 08 – Chinese exporters reported few deals with the concluded price decreasing. Participants believe it is the reasonable for the adjustment of the market itself as buyers have purchased a lot in the past months.
A large South China-based trioxide smelter stated that they quote USD5,600/t FOB China for antimony trioxide 99.5%min, and the deals could be concluded at USD5,500/t FOB China, down from USD5,600-5,700/t FOB China two to three weeks ago.
The source revealed that it is very difficult to conclude deals at USD5,600/t FOB China for famous brand materials. He puts the mainstream price for all kinds of antimony trioxide at USD5,400-5,500/t FOB China this week, down by around USD100/t from two weeks ago.
Another large South China-based trioxide smelter reported several deals at USD5,500/t FOB China, down from the last deal of USD5,600/t FOB China in the end of August. "The market has been very quiet in the recent two weeks and the price decreased by around USD100/t from two weeks ago," said the source, believing that it is reasonable for the price to go down as buyers has purchased a lot in the usual quiet season in July and August. However, they still hold stocks on hand. Therefore, there are fewer inquiries from buyers now than in August.
A large South China-based trioxide smelter stated that they quote USD5,600/t FOB China for antimony trioxide 99.5%min, and the deals could be concluded at USD5,500/t FOB China, down from USD5,600-5,700/t FOB China two to three weeks ago.
The source revealed that it is very difficult to conclude deals at USD5,600/t FOB China for famous brand materials. He puts the mainstream price for all kinds of antimony trioxide at USD5,400-5,500/t FOB China this week, down by around USD100/t from two weeks ago.
Another large South China-based trioxide smelter reported several deals at USD5,500/t FOB China, down from the last deal of USD5,600/t FOB China in the end of August. "The market has been very quiet in the recent two weeks and the price decreased by around USD100/t from two weeks ago," said the source, believing that it is reasonable for the price to go down as buyers has purchased a lot in the usual quiet season in July and August. However, they still hold stocks on hand. Therefore, there are fewer inquiries from buyers now than in August.
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