BEIJING (Asian metal) 30 Mar 11 – Indonesia antimony trioxide price keeps going up owing to the price hike in international antimony market, especially in Chinese antimony market
A consumer in Indonesia remarked that offers he got in the range of USD14,800-15,400/t CIF Jakarta for 20t of flame retardant antimony trioxide 99 . 5%min in previous days, but he has adequate stock for three weeks' production now, so he did not prepare to make purchase at this moment .
The source consumers around 20 tons of antimony trioxide every month and has bought 30t in late February . "I heard that smelters in Lengshuijiang area are going to resume production in April," said the source, doubting if the price will go down by then .
A trader based in Indonesia confirmed that antimony trioxide price goes up . "Chinese suppliers offered me in a wide range of USD14,900-15,500/t CIF Jakarta," said the source . "I sold 1t at USD20,000/t in local market in previous day . "
The source deals about 7-8t of antimony trioxide in the past months and holds 10t in stock . According to the source, he watches the market and is not eager to make replacement or sales .
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Tuesday, 5 April 2011
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