Antimony stable in Europe while rising in China

BEIJING (Asian Metal) 19 Oct 06 – As the Chinese suppliers are having higher expectations with the future of antimony ingot, its prices have kept rising since early October, but European antimony market has remained stable.
A European trader of antimony reported to Asian Metal that traders are taking the materials of 99.65%min antimony ingot at about USD5,350-5,400/t CIF Rotterdam for standard grade two and USD5,400-5,450/t CIF Rotterdam for materials with bismuth content lower than 100ppm.
According to the trader, antimony market has been on the same level at around USD5,350- 5,450/t in warehouse Rotterdam right from the end of the Chinese national holiday till this moment, and concluding his explanation, he said, “Anything can happen before the end of October in the European market as the Chinese market keeps rising”.
An American trader explained to Asian Metal that he received and concluded a 20t of 99.8%min antimony trioxide at about USD4,900-4,950/t FOB China while another Indian trader told Asian Metal that he concluded a deal of 99.9%min(high purity) antimony trioxide of Twinkling Star at about USD5,000-5,150/t CIF Nhava Sheva, both explaining they had a good deal.
As antimony market remains stable in Europe and rising in the Chinese market, no one can foresee the possibility of the market situation in the next few weeks.