Chinese antimony trioxide prices remain firm
2023-04-26 11:51:17 [Print]
BEIJING (Asian Metal) 26 Apr 23 - Given tight supply and firm prices of antimony ingot, Chinese antimony trioxide suppliers keep their quotations firm, but downstream consumers only keep purchasing based on orders with a strong wait-and-see attitude. Mainstream prices of Chinese antimony trioxide 99.8%min keep firm at RMB72,500-73,500/t (USD10,470-10,614/t) delivered D/A 30 days currently, unchanged from late last week. In view of firm prices for raw material, insiders predict that mainstream prices of Chinese antimony trioxide 99.8%min would remain firm in the coming week.
A producer in South China said, "We now quote RMB73,000/t (USD10,542/t) delivered D/A 30 days for antimony trioxide 99.8%min and could give a discount of RMB500/t (USD72.21/t) for firm orders from regular customers. We sold about 30t of the material at RMB72,500/t (USD10,470/t) yesterday and 20t at the same price last week." The producer also disclosed that antimony trioxide 99.8%min prices now temporarily stabilize amid a stalemate, adding that most of their antimony ingot 99.85%min suppliers intend to keep prices of the raw material firm at RMB83,000/t (USD11,986/t) EXW D/P against the backdrop of firm quotations for the raw material in the market. According to the producer, the domestic antimony trioxide market sees steady deals as downstream consumers only keep purchasing based on orders owing to limited deals for terminal products. As raw material prices keep firm and demand for antimony trioxide still needs to increase, the producer predicts that mainstream prices of Chinese antimony trioxide 99.8%min would stay firm in the coming week.
With an annual production capacity of 30,000t of antimony trioxide 99.8%min, the producer produced around 24,000t of the material in 2022 and about 8,200t by now in 2023, expecting to produce about 2,200t this month, stable MOM. They hold around 500t of stocks at the moment, basically stable MOM.
Another producer in South China said, "We now quote RMB73,500/t (USD10,614/t) delivered D/A 30 days for antimony trioxide 99.8%min and could accept the price of RMB73,000/t (USD10,542/t) for firm orders. We just sold about 60t of the material at RMB73,000/t (USD10,542/t) yesterday." According to the producer, antimony ingot 99.85%min suppliers keep quotations for the raw material firm at RMB83,000/t (USD11,986/t) currently due to limited supply; meanwhile, antimony trioxide suppliers intend to keep their prices firm due to limited stocks for raw material. The producer expects to sell about 100t of antimony trioxide this week, higher than the figure of about 60t last week. In light of firm prices and limited supply for raw material, the producer forecasts that mainstream prices of Chinese antimony trioxide 99.8%min would stay firm in the coming week.
With an annual production capacity of 5,000t of antimony trioxide 99.8%min, the producer produced about 3,800t of the material in 2022 and about 1,300t by now in 2023 expecting to produce about 300t this month, unchanged MOM. They hold no stocks for the time being, basically unchanged from the same period of last month.
A producer in South China said, "We now quote RMB73,000/t (USD10,542/t) delivered D/A 30 days for antimony trioxide 99.8%min and could give a discount of RMB500/t (USD72.21/t) for firm orders from regular customers. We sold about 30t of the material at RMB72,500/t (USD10,470/t) yesterday and 20t at the same price last week." The producer also disclosed that antimony trioxide 99.8%min prices now temporarily stabilize amid a stalemate, adding that most of their antimony ingot 99.85%min suppliers intend to keep prices of the raw material firm at RMB83,000/t (USD11,986/t) EXW D/P against the backdrop of firm quotations for the raw material in the market. According to the producer, the domestic antimony trioxide market sees steady deals as downstream consumers only keep purchasing based on orders owing to limited deals for terminal products. As raw material prices keep firm and demand for antimony trioxide still needs to increase, the producer predicts that mainstream prices of Chinese antimony trioxide 99.8%min would stay firm in the coming week.
With an annual production capacity of 30,000t of antimony trioxide 99.8%min, the producer produced around 24,000t of the material in 2022 and about 8,200t by now in 2023, expecting to produce about 2,200t this month, stable MOM. They hold around 500t of stocks at the moment, basically stable MOM.
Another producer in South China said, "We now quote RMB73,500/t (USD10,614/t) delivered D/A 30 days for antimony trioxide 99.8%min and could accept the price of RMB73,000/t (USD10,542/t) for firm orders. We just sold about 60t of the material at RMB73,000/t (USD10,542/t) yesterday." According to the producer, antimony ingot 99.85%min suppliers keep quotations for the raw material firm at RMB83,000/t (USD11,986/t) currently due to limited supply; meanwhile, antimony trioxide suppliers intend to keep their prices firm due to limited stocks for raw material. The producer expects to sell about 100t of antimony trioxide this week, higher than the figure of about 60t last week. In light of firm prices and limited supply for raw material, the producer forecasts that mainstream prices of Chinese antimony trioxide 99.8%min would stay firm in the coming week.
With an annual production capacity of 5,000t of antimony trioxide 99.8%min, the producer produced about 3,800t of the material in 2022 and about 1,300t by now in 2023 expecting to produce about 300t this month, unchanged MOM. They hold no stocks for the time being, basically unchanged from the same period of last month.
