| How to wake antimony?
BEIJING (Asian Metaal) 31 Oct 06 - One question that is hard for antimony market traders to
answer is, WHAT WILL HAPPEN TO THE ANTIMONY MARKET? The slumber of antimony
market has remained the same since the Chinese resumed their holiday three weeks ago.
Traders are having the opinion that there might be a rise towards the middle of November, but,
how and when? No one can say.
A European trader reported to Asian Metal of a deal concluded last week on a standard antimony
ingot at around USD5,400/t in warehouse Rotterdam and 30t of antimony having materials with
bismuth content lower than 100ppm at about USD5,450/t also in warehouse Rotterdam claiming
the market is very slow and quiet though deals are concluded.
Another European trader revealed to Asian Metal on how the market has been slow and how the
market is becoming weaker and weaker. He said, "I haven't concluded any deal lately but the
Chinese suppliers are offering at around USD5,350-5,400/t CIF Rotterdam".
According to him, "I remembered a 40t deal concluded on antimony at around USD5,360t in
warehouse Rotterdam two weeks ago and the market hasn't seen any change till this moment".
An Indian trader told Asian Metal of a deal concluded last week on antimony at USD5,450/t CIF
Indian main port explaining the market still remains the same.
Generally, antimony metal market has refuse to wake from it's slumber, traders are watching
closely and thinking of what might happen soon. |
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