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European antimony witnessing stability

BEIJING (Asian Metal) 27 Oct 06 - European antimony price has remained stagnant though deals are concluded but the price still remains the same.
A European trader revealed to Asian Metal of a material sold recently at about USD5,350-5,400/t in warehouse Rotterdam.
He explained that the current stability in the antimony market has been on a continuous trend for almost a month now without a change. "As there is less stock in warehouse Rotterdam at the moment, the price of antimony might rise soon," he explained.
An Indian trader reported to Asian Metal on a 30t deal of antimony concluded this week at around USD5,400/t CIF Indian main port.
He expressed his view on the market situation saying, "In fact, there are no much stock in warehouse Rotterdam at present, even though deals are been concluded, prices still remain at about USD5,350-5,400/t in Rotterdam".
A Polish trader explained to Asian Metal on a concluded deal of antimony trioxide made during this week at about USD4,800/t CIF Rotterdam and claimed it was a good deal for him.
Other soures explained their view on the current situation of the market saying, "The way antimony market is going, there might be an increase in the price soon".

 

 

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