European antimony trioxide price rises slightly

BEIJING (Asian Metal) 19 Sep 07 – Following the rising antimony metal prices, antimony trioxide price is slowly moving up too. Market participants told Asian Metal that antimony ingot and antimony trioxide prices are USD50/t more expensive than last week’s price.
A European trader disclosed to Asian Metal that the price of antimony trioxide had gone up to USD5,000-5,050/t CIF Rotterdam for 99.5%min antimony trioxide; the price is firming up slightly compared to the price at slightly below USD5,000/t CIF Rotterdam earlier in the week. The price is not for Twinkling Star brand material.
He also tracks the antimony metal price, and it had gone up from USD5,400/t to currently USD5,500-5,600/t CIF Rotterdam in the last 2-3 weeks. “Normally, antimony trioxide price is proportional to the metal price, so when the price of metal increase, the price of the oxide should follow.” According to him, the markets for both materials are very quiet as the consumers are reluctant to buy at higher prices.
Another trader confirmed the price of antimony trioxide is moving up and the latest offer received from China was USD5,150/t CIF Rotterdam for 99.5%min for Twinkling Star. He revealed that he started to receive higher prices from Chinese suppliers this week. The same material was offered at USD5,050-5,100/t CIF Rotterdam before last weekend.