Monthly Antimony Market Report Dec 2023
2024-01-16 16:38:15 【Print】
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1 Market Highlights
Prices of antimony products moved upwards amid fluctuation in China on the whole during December 2023. Suppliers of antimony products kept their quotations firm owing to limited stocks for the material held by producers and insufficient supply for raw material. Meanwhile, end users intended to make a round of year-end purchases, leading to slight increase of orders in the market; supported by this coupled with both insufficient supply and increased demand for raw material, prices for antimony products kept firm overall. As for antimony concentrate, the domestic suppliers had strong intention to hold back from selling and keep their quotations firm. In view of firm prices for antimony concentrate and the fact that some traders made year-end purchases, antimony ingot suppliers, who held limited stocks in hand, kept their quotations firm. Domestic antimony trioxide suppliers also kept their quotations firm given limited spot stocks and firm raw material prices, but most consumers just waited on the sidelines against the backdrop of soft demand in the terminal market at the year-end. In light of firm raw material prices, domestic ethylene glycol antimony suppliers kept their quotations firm, too, and prices of the material showed an upward trend on the whole although consumers only kept purchasing based on orders and downstream polyester and chemical market witnessed soft demand. In addition, the international antimony market saw limited deals and soft demand overall and clients showed strong wait-and-see sentiments. International antimony suppliers kept their quotations firm owing to limited supply.
Prices of antimony products moved upwards amid fluctuation in China on the whole during December 2023. Suppliers of antimony products kept their quotations firm owing to limited stocks for the material held by producers and insufficient supply for raw material. Meanwhile, end users intended to make a round of year-end purchases, leading to slight increase of orders in the market; supported by this coupled with both insufficient supply and increased demand for raw material, prices for antimony products kept firm overall. As for antimony concentrate, the domestic suppliers had strong intention to hold back from selling and keep their quotations firm. In view of firm prices for antimony concentrate and the fact that some traders made year-end purchases, antimony ingot suppliers, who held limited stocks in hand, kept their quotations firm. Domestic antimony trioxide suppliers also kept their quotations firm given limited spot stocks and firm raw material prices, but most consumers just waited on the sidelines against the backdrop of soft demand in the terminal market at the year-end. In light of firm raw material prices, domestic ethylene glycol antimony suppliers kept their quotations firm, too, and prices of the material showed an upward trend on the whole although consumers only kept purchasing based on orders and downstream polyester and chemical market witnessed soft demand. In addition, the international antimony market saw limited deals and soft demand overall and clients showed strong wait-and-see sentiments. International antimony suppliers kept their quotations firm owing to limited supply.
