Chinese antimony trioxide market sees watchful attitudes
2023-04-05 08:54:01 [Print]
BEIJING (Asian Metal) 5 April 23 - The antimony trioxide market sees watchful attitudes as most consumers just purchased from hand to mouth
A trader in South China stated, " Now we quoted about RMB72,500/t (USD10,540/t) delivered D/A 30 days for antimony trioxide 99.8%min and could possibly accept to sell at RMB72,000/t (USD10,467/t) for firm bids, while most consumers show strong wait-and-see attitudes this week and prefer to purchase no more than 10t. We just sold about 10t at RMB72,000/t (USD10,467/t) early this week" . The trader added that the most competitive price of antimony ingot 99.85%min they received this week stood firm at RMB81,000/t (USD11,775/t) EXW D/P and some suppliers even stuck to prices at RMB82,000/t (USD11,921/t) due to tight supply . Given the tight supply and firm prices of raw materials, the trader predicts that the mainstream prices of Chinese antimony trioxide 99 . 8%min would keep stable within the week.
With a typical monthly trading volume of 200t of antimony trioxide 99.8%min, the trader expects to sell around 150t this month and sold about 100t last month . They totally sold about 2,000t of the material in 2022 . The trader holds about 200t of stocks now, unchanged from last month.
Another trader in South China indicated, "We offer about RMB72,000/t (USD10,467/t) delivered D/A 30 days for antimony trioxide 99.8%min and would probably consider a courteroffer of RMB500/t (USD73/t) at most for regular clients, while most consumers prefer to watch the market. We didn't conclude any deal this week and last sold about 10t at RMB71,500/t (USD10,394/t) late last week." The trader added that most suppliers of antimony trioxide kept their prices firm this week supported by the firm prices of antimony ingot whose suppliers, claiming tight supply, mostly kept prices firm at prices over RMB81,000/t (USD11,775/t) since late last week . Considering that the supply of the raw materials kept tight and the prices kept firm this week, the trader predicts that the mainstream prices of Chinese antimony trioxide 99 . 8%min would stay unchanged within this week.
The trader, based on a regular monthly trading volume of 100t of antimony trioxide 99.8%min, expects to sell around 100t this month, in line with last month . They totally sold about 1,000t of the material in 2022 . They hold about 100t of stocks now, unchanged from last month.
. While supported by the stable prices of antimony ingot, most suppliers of antimony trioxide prefer to keep prices firm . The current mainstream prices of Chinese antimony trioxide 99.8%min keep flat at RMB71,500-72,500/t (USD10,394-10,540/t) delivered D/A 30 days from late last week . Considering that the prices of antimony ingot remain steady and most suppliers intend to keep prices firm, insiders predict that the mainstream prices of Chinese antimony trioxide 99 . 8%min would stand unchanged within this week.
A trader in South China stated, " Now we quoted about RMB72,500/t (USD10,540/t) delivered D/A 30 days for antimony trioxide 99.8%min and could possibly accept to sell at RMB72,000/t (USD10,467/t) for firm bids, while most consumers show strong wait-and-see attitudes this week and prefer to purchase no more than 10t. We just sold about 10t at RMB72,000/t (USD10,467/t) early this week" . The trader added that the most competitive price of antimony ingot 99.85%min they received this week stood firm at RMB81,000/t (USD11,775/t) EXW D/P and some suppliers even stuck to prices at RMB82,000/t (USD11,921/t) due to tight supply . Given the tight supply and firm prices of raw materials, the trader predicts that the mainstream prices of Chinese antimony trioxide 99 . 8%min would keep stable within the week.
With a typical monthly trading volume of 200t of antimony trioxide 99.8%min, the trader expects to sell around 150t this month and sold about 100t last month . They totally sold about 2,000t of the material in 2022 . The trader holds about 200t of stocks now, unchanged from last month.
Another trader in South China indicated, "We offer about RMB72,000/t (USD10,467/t) delivered D/A 30 days for antimony trioxide 99.8%min and would probably consider a courteroffer of RMB500/t (USD73/t) at most for regular clients, while most consumers prefer to watch the market. We didn't conclude any deal this week and last sold about 10t at RMB71,500/t (USD10,394/t) late last week." The trader added that most suppliers of antimony trioxide kept their prices firm this week supported by the firm prices of antimony ingot whose suppliers, claiming tight supply, mostly kept prices firm at prices over RMB81,000/t (USD11,775/t) since late last week . Considering that the supply of the raw materials kept tight and the prices kept firm this week, the trader predicts that the mainstream prices of Chinese antimony trioxide 99 . 8%min would stay unchanged within this week.
The trader, based on a regular monthly trading volume of 100t of antimony trioxide 99.8%min, expects to sell around 100t this month, in line with last month . They totally sold about 1,000t of the material in 2022 . They hold about 100t of stocks now, unchanged from last month.