[+/-] : Antimony ingot producers plan to stop production

BEIJING (Asian Metal) 19 Apr 12 – As there is a very narrow or almost no profit margin to process antimony ore into antimony ingot at this moment, some antimony ingot producers plan to stop production.

A Hunan-based antimony ingot producer whose output was about 500-600tpm in 2010 and decreased to 300tpm averagely in 2011 reported that he sells 80t of antimony ingot 99.65%min at around RMB69,000/t (USD10,952/t) VAT excluded early this week, and this is his last deal as he plans to stop production later. "The offer of antimony concentrate 35% is about RMB530/mtu (USD84.13/mtu) VAT excluded at this moment, but buyers bid RMB68,000/t (USD10,794/t) VAT excluded for antimony ingot 99.65%min," said the source, adding a production cost of about RMB15,000/t (USD2,381/t).

According to the source, he is not sure about the future market, and dares not replenish antimony ore or concentrate at this moment, so decides to shut down and watch the market.

A Hunan-based antimony ingot producer told Asian Metal that he buys a batch of antimony oxide powder 70-80% at RMB589/mtu (USD93.49/mtu) VAT excluded from an antimony ore importer early this week. "I have orders to carry out, and is planning to cease production in May," said the source.

According to the source, most antimony ingot producers who purchase antimony ore or concentrate to process have limited or don't have profit at this moment. "Part of them reduces the output, but part plans to stop production," said the source.

Rregards,
许彪Sam Xu
副总经理Vice General Manager
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深圳杰夫矿业集团昆山办事处   Shenzhen Jiefu Corporation (Kunshan Branch)                  
独山独峰锑业有限公司              Dushan Dufeng Antimony CO.,LTD
东莞市杰夫阻燃材料有限公司       Dongguan Jiefu Flame-retarded materlals Co.,Ltd.
贵州省五金矿产进出口有限公司   Guizhou Provincial Metals & Minerals I/E Co., Ltd
地址：江苏省昆山市出口加工区现代广场A幢1405室
Add: 1405,A,Modern Plazas ,Kunshan,Suzhou,China
Tel:86-512-55188135          Fax:86-512-55137725
MP1:13338056022(Kunshan)
Mp2:13929211059(Dongguang)
Email:samjiefu@gmail.com              sam@jiefu.com
Http://www.jiefu.com      Msn: xubiao_1996@hotmail.com
Http:www.diantimonytrioxide.com
The Leading Chinese Supplier of Antimony Trioxide
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[+/-] : Antimony trioxide market quiet

BEIJING (Asian Metal) 20 Apr 12 – After the price of antimony trioxide reduces early this week, the market is quiet and buyers are waiting for further price changes.

A Jiangsu-based plastic producer who purchases about 30t of antimony trioxide every month told Asian Metal that he ordered 30t of antimony trioxide 99.5%min in late March at RMB71,000/t (USD11,270/t) ex works with the payment within 3 months. "Currently buyers can get antimony trioxide 99.5%min at around RMB70,000/t (USD11,111/t) ex works with the same payment terms," said the source, adding that he once thought the price of antimony trioxide will go up as it happened in the past years.
The source thinks though the price of antimony trioxide decreases, those buyers who have to consume will make replacement on hand-to-mouth basis, and some small producers stopped production owing to limited or no profit, so the price has a very narrow margin to decrease in the following weeks.

A Sichuan-based ceramic producer who consumes about 10t every three months reported that he bought about 10t of antimony trioxide 99.5%min early April at RMB71,000/t (USD11,270/t) ex works with the payment within 3 months. "Sellers accept RMB68,000-68,500/t (USD10,794-10,873/t) ex works paid by cash for antimony trioxide 99.5%min this moment, so buyers can get the material at RMB70,000-70,500/t (USD11,111-11,190/t) ex works with the payment within 3 months," said the source.

The source also expected the price of antimony trioxide would increase into April, and thinks the market will be low in the short term with limited room to decrease for price. ...
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