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Friday, 9 July 2010
[+/-] : Antimony ingot producer eager to buy antimony concentrate
A Yunnan-based antimony ingot producer told Asian Metal that they sold around 220t of antimony ingot 99.85%min at RMB56,000-58,000/t ex works early this week, and have around 200t of the material at hand at present. "We receive many orders this week, but do not have much of antimony concentrate to produce more antimony ingot, so we are eager to purchase antimony concentrate," said the source.
According to the source, they mainly purchase antimony concentrate with more than 30%min antimony, and accept cash payment if only the supplier supplies spot goods with good quality and large quantity.
An antimony ingot producer based in Guangxi revealed that they offer RMB56,000-57,000/t ex works for antimony ingot 99.65%min at present, and sold around 200t of the material at RMB55,000/t ex works early this week. Now the source holds around 2,000t of the material at hand. "We sell around 100t or 200t of antimony ingot at a time," said the source, they seldom accept small orders.
The source thinks antimony ingot price will increase in the near future, and they hold not much of antimony concentrate, so they are eager to purchase antimony concentrate and accept RMB300-310/mtu for antimony concentrate with 30%min antimony. ...
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[+/-] : Antimony trioxide exporters suspend quoting
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.Asian Metal Copyright "We just got 30t of antimony ingot 99.Asian Metal Copyright "We just got 30t of antimony ingot 99.Asian Metal Copyright Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source.Asian Metal Copyright85%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.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – Antimony trioxide exporters reported to Asian Metal that they suspend offering as they do not have the material at hand.Asian Metal Copyright
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.Asian Metal Copyright "We had consumed our stock two weeks ago, but the price went up when we planned to buy in some antimony trioxide.Asian Metal Copyright However, antimony ingot price is so high now, if we hold antimony trioxide, then our offer will be above USD8,000/t FOB China.Asian Metal Copyright 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.Asian Metal Copyright
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.Asian Metal Copyright 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.Asian Metal Copyright "We had consumed our stock two weeks ago, but the price went up when we planned to buy in some antimony trioxide.Asian Metal Copyright 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.Asian Metal Copyright Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source.Asian Metal Copyright Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source.Asian Metal Copyright
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.Asian Metal Copyright 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 gavethem 30t at RMB59,000t ex works. ...
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Monday, 21 June 2010
[+/-] : Some ferromolybdenum producers still out of production
With a production capacity of 6,000tpy, a Liaoning-based producer told Asian Metal that they have been out of production of ferromolybdenum for about two months and still have no intension to resume at the present.Asian Metal Copyright "The ferromolybdenum price may go up along with the raw material increasing, but it is still likely that the selling price of ferromolybdenum is lower than the real cost.Asian Metal Copyright
Holding more than 2 containers of molyoxide from a long contract in China ports, the source lamented that the cost of the materials is as high as USD17.Asian Metal Copyright" .Asian Metal Copyright00/lb.Asian Metal Copyright Another Shandong-based producer, with a production capacity of 200tpm, stopped the production of ferromolybdenumlast month and still has no plan to resume in the near term.Asian Metal Copyright "The domestic market remains rough," said the source.Asian Metal Copyright" .Asian Metal Copyright
Another Shandong-based producer, with a production capacity of 200tpm, stopped the production of ferromolybdenum last month and still has no plan to resume in the near term.Asian Metal CopyrightBEIJING Asian Metal 21 Jun 10 – Though the ferromolybdenum price didn't go down further and the molybdenum market seems to be bottom out, many Chinese ferromolybdenum producers are still hesitant to resume production, preferring to watch for the market to become clear and stable.Asian Metal Copyright The source confirmed the stable price of ferromolybdenum 60% at RMB130,000/t (USD31.Asian Metal CopyrightBEIJING Asian Metal 21 Jun 10 – Though the ferromolybdenum price didn't go down further and the molybdenum market seems to be bottom out, many Chinese ferromolybdenum producers are still hesitant to resume production, preferring to watch for the market to become clear and stable.Asian Metal Copyright72/kg Mo) but added that there was still no profit margin left for them.Asian Metal Copyright The source confirmed the stable price of ferromolybdenum 60% at RMB130,000t USD31.Asian Metal Copyright
"Many Chinese ferromolybdenum producers are still out of production," said the source.Asian Metal Copyright Another Shandong-based producer, with a production capacity of 200tpm, stopped the production of ferromolybdenumlast month and still has no plan to resume in the near term.Asian Metal Copyright "The ferromolybdenum price may go up along with the raw material increasing, but it is still likely that the selling price of ferromolybdenum is lower than the real cost.Asian Metal Copyright "The ferromolybdenum price may go up along with the raw material increasing, but it is still likely that the selling price of ferromolybdenum is lower than the real cost.Asian Metal Copyright"
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[+/-] : Chinese ferromolybdenum producers still watching
A Liaoning-based producers with a production capacity of 400-500tpm told Asian Metal that they didn't make offers for ferromolybdenum in the past weeks on account of low concluded prices.Asian Metal Copyright72kg Mo remains thin," said the source, who prefers to watch for another week.Asian Metal Copyright
"Though we import molyoxide by long-term contract for production, the profit of selling ferromolybdenum at RMB130,000/t (USD31.Asian Metal Copyright72kg Mo for ferromolybdenum 60% for the moment.Asian Metal Copyright72/kg Mo) remains thin," said the source, who prefers to watch for another week.Asian Metal Copyright A Liaoning-based producers with a production capacity of 400-500tpm told Asian Metal that they didn't make offers for ferromolybdenum in the past weeks on account of low concluded prices.Asian Metal Copyright
Another Henan-based producer with a production capacity of 8,000tpy didn't make offers for ferromolybdenum in spot market these days either.Asian Metal Copyright72kg Mo remains thin," said the source, who prefers to watch for another week.Asian Metal Copyright The source always participates in the tenders held by major Chinese steel mills, disclosing that they are producing the materials booked by Baosteel last week.Asian Metal Copyright AnotherHenan-based producer with a production capacity of 8,000tpy didn't make offers for ferromolybdenum in spot market these days either.Asian Metal Copyright
Moreover, many Chinese special steel mills, who usually buy 20-50t of ferromolybdenum every month, claims that they still have enough inventories of the material in stock as they are overhauling, so the latest purchase should happen next week or later.Asian Metal Copyright .
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[+/-] : Manganese flake market still in thin trading
A source from a Hunan-based manganese flake smelter, who decreased the monthly output to 3,000t from 4,500t, revealed to Asian Metal that manganese flake price is in the range of RMB14,500-14,600/t (USD2,123-2,138/t) ex works, and the domestic market still does not see more deals.Asian Metal Copyright Putting about RMB15,400t USD2,255t ex works for manganese lump, he does not sign any order this week.Asian Metal Copyright "The powder price rising can push up the manganese flake price a bit, and it is expected that the market may see more deals after the festival," said the source.Asian Metal Copyright According to the source, though powder price increasing in Hunan pushed up the manganese flake price a bit, downstream consumers are still watching the market instead of replenishing stocks.Asian Metal Copyright
Offering USD2,700-2,750/t FOB China for manganese flake now, the source complained that there are still lots of materials available in Rotterdam warehouse, and only few inquiries from overseas market are received.Asian Metal Copyright "Many steel mills halted production, and I don't want to replenish stocks any more in the coming days for no new order on hand," shared the source, claiming that the manganese flake price is about RMB14,500t USD2,123t ex works.Asian Metal Copyright
With an output of about 2,000tpm of manganese lump and ferromanganese, another source in Hunan province disclosed to Asian Metal that he will decrease the output when he concludes the orders signed before.Asian Metal Copyright "The powder price rising can push up the manganese flake price a bit, and it is expected that the market may see more deals after the festival," said the source.Asian Metal Copyright "Many steel mills halted production, and I don't want to replenish stocks any more in the coming days for no new order on hand," shared the source, claiming that the manganese flake price is about RMB14,500/t (USD2,123/t) ex works.Asian Metal Copyright A source from a Hunan-based manganese flake smelter, who decreased the monthly output to 3,000t from 4,500t, revealed to Asian Metal that manganese flake price is in the range of RMB14,500-14,600t USD2,123-2,138t ex works, and the domestic market still does not see more deals.Asian Metal Copyright
According to the source, though powder price increasing in Hunan pushed up the manganese flake price a bit, downstream consumers are still watching the market instead of replenishing stocks.Asian Metal CopyrightBEIJING Asian Metal 18 Jun 10 - It is reported that manganese flake market is still pretty thin, though manganese flake price increased a little before the Dragon Boat Festival in China.Asian Metal Copyright Putting about RMB15,400/t (USD2,255/t) ex works for manganese lump, he does not sign any order this week.Asian Metal CopyrightBEIJING Asian Metal 18 Jun 10 - It is reported that manganese flake market is still pretty thin, though manganese flake price increased a little before the Dragon Boat Festival in China. ...
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[+/-] : Manganese flake price rebounds in China
With a monthly output of 600t in Hunan and Guangxi respectively, a source from manganese smelter revealed that currently, the manganese flake price rebounds to about RMB14,600/t (USD2,138/t) ex works, from RMB14,400/t (USD2,108/t) ex works of early this week, and he has been out of production for the environment protection.Asian Metal Copyright12kWh in Hunan, and it also increased up by RMB0.Asian Metal Copyright "I only have one factory operating in Guangxi now with an output of around 600tpm, and am unwilling to sign any order at current price for the high production cost," shared the source, still holding stocks on hand.Asian Metal Copyright Another source from manganese flake smelter in Chongqing, who has decreased the output to 800tpm from 1,500tpm, told Asian Metal that the manganese flake price climbs up slowly to RMB14,500-14,600t USD2,123-2,138t ex works, up by about RMB200t USD29t against that of early this week, but the consumers are still inactive to buy now.Asian Metal Copyright
Since he last made an export deal of 204t with a Japanese customer at USD2,820/t FOB China on May 25, the source has not signed any new order yet so far, offering USD2,750-2,780/t FOB China for manganese flake.Asian Metal Copyright Since he last made an export deal of 204t with a Japanese customer at USD2,820t FOB China on May 25, the source has not signed any new order yet so far, offering USD2,750-2,780t FOB China for manganese flake.Asian Metal Copyright
Another source from manganese flake smelter in Chongqing, who has decreased the output to 800tpm from 1,500tpm, told Asian Metal that the manganese flake price climbs up slowly to RMB14,500-14,600/t (USD2,123-2,138/t) ex works, up by about RMB200/t (USD29/t) against that of early this week, but the consumers are still inactive to buy now.Asian Metal Copyright In addition, he does not give an export offer, for no inquiries from overseas market are received.Asian Metal Copyright "The powder price rising is the main reason that pushes up the manganese flake price, and the stainless steel consumers still have little intention of replenishing stocks now," said the source, predicting the manganese price will continue to rebound in the coming week.Asian Metal Copyright05kWh in Guangxi.Asian Metal Copyright
According to the source, the powder price rose to RMB0.Asian Metal Copyright "I only have one factory operating in Guangxi now with an output of around 600tpm, and am unwilling to sign any order at current price for the high production cost," shared the source, still holding stocks on hand.Asian Metal Copyright63/kWh up by RMB0.Asian Metal Copyright With a monthly output of 600t in Hunan and Guangxi respectively, a source from manganese smelter revealed that currently, the manganese flake price rebounds to about RMB14,600t USD2,138t ex works, from RMB14,400t USD2,108t ex works of early this week, and he has been out of production for the environment protection.Asian Metal Copyright12/kWh in Hunan, and it also increased up by RMB0.Asian Metal Copyright Since he last made an export deal of 204t with a Japanese customer at USD2,820t FOB China on May 25, the source has not signed any new order yet so far, offering USD2,750-2,780t FOB China for manganese flake.Asian Metal Copyright05/kWh in Guangxi.Asian Metal Copyright05kWh in Guangxi.Asian Metal Copyright Many smelters in Guangxi halted production, and some major smelters decreased production with the weak demand.Asian Metal Copyright "I only have one factory operating in Guangxi now with an output of around 600tpm, and am unwilling to sign any order at current price for the high production cost," shared the source, still holding stocks on hand.Asian Metal Copyright In addition, he does not give an export offer, for no inquiries from overseas market are received.Asian Metal Copyright In addition, he does not give an export offer, for no inquiries from overseas market are received. ...
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