9 Jul 10 – Antimony trioxide exporters reported to Asian Metal that they suspend offering as they do not have the material at hand
A Guangdong-based antimony trioxide producer, with an output of around 400tpm, stated that they stopped offering as they do not have antimony trioxide in stock, and it is difficult to get antimony ingot in domestic market as many antimony ingot producers do not hold spot goods . "We just got 30t of antimony ingot 99 . 85%min at RMB58,000/t ex works from a long-term supplier in Yunnan," said the source, revealing that antimony ingot price jumps this week .
According to the source, they exported around 100t of antimony trioxide during the last week of June, and the price was around USD7,500-7,600/t FOB China at that moment . However, antimony ingot price is so high now, if we hold antimony trioxide, then our offer will be above USD8,000/t FOB China .
Another source from a Guizhou-based antimony trioxide producer, with an export volume of more than 2,000tpy, revealed that they ceased offering as they do not have antimony trioxide at hand . "We had consumed our stock two weeks ago, but the price went up when we planned to buy in some antimony trioxide . Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source .
The source also claimed that they came to a supplier in Hunan for antimony ingot on Wednesday, but the supplier revealed that they did not have much spot material and just gave them 30t at RMB59,000/t ex works .
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Friday, 9 July 2010
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