| Antimony market summary Jan 14-18
BEIJING (Asian Metal) 21 Jan 08 - Antimony ingot price rises again in the week on slightly stronger
demand. Antimony trioxide market,consequently, sees a significant price increase on account of higher
price of antimony ingot, the raw material. Meanwhile, prompted by the continuous appreciation of RMB,
suppliers lift the export quotations for both antimony ingot and antimony trioxide, though most buyers from
international market would rather watch the market for a while than accept the increased price immediately.
Asianmetal(English) http://www.asianmetal.com PJ70
Major antimony ingot producers claimed that they received more inquiries and concluded a few deals at
RMB38,600-38,800/t (USD5,317-5,344/t) ex works, RMB200-300/t (USD28-41/t) higher compared to the
previous week. Meanwhile, small smelters in Lengshuijiang, Hunan Province also reported deals concluded
at higher prices of RMB36,600-36,800/t (USD5,041-5,069/t) VAT excluded, RMB500-600/t (USD69-83/t) up
from the level a week ago, and some of them have reportedly sold 99.9% antimony ingot at RMB37,000/t
VAT excluded.
Asianmetal(English) http://www.asianmetal.com YBXQ
Pushed by higher prices of antimony ingot, antimony trioxide producers adjust their offers up passively to
RMB35,700-36,300/t (USD4,917-5,000/t) ex works, almost RMB1,000/t (USD138/t) higher than those a
week ago. However, most producers said that most consumers find it difficult to accept prices higher than
RMB35,500/t (USD4,890/t) ex works with the exception of material with famous brand.
Asianmetal(English) http://www.asianmetal.com 843M
Stimulated by the continuous appreciation of RMB, suppliers increased export quotations for both antimony
ingot and antimony trioxide despite that most buyers hold a watch-and-see attitude. Antimony ingot is
generally offered at USD5,600-5,700/t CIF Rotterdam and USD4,850-4,950/t FOB for antimony trioxide, but
few concluded deals have been reported. Meanwhile, antimony trioxide with Twinkling Star brand is being
offered at USD5,000/t FOB.
Asianmetal(English) http://www.asianmetal.com TW73
Inland transportation turns tighter as the ice and snow brought traffic to a standstill in many cities due to the
infrequent snow fell in South China. Producers of antimony ingot and trioxide all have great difficulties
transporting goods out and raw materials in, and many of them are encountering the danger of closing. |