Chinese Antimony ingot export prices increase
2024-04-19 10:21:53 [Print]
BEIJING (Asian Metal) 19 Apr 24 - Driven by increasing prices from suppliers and tight supply, most suppliers prefer to keep their prices stable. Currently, the mainstream prices of antimony ingot 99.65%min stand at USD135,000-13,700/t in warehouse Rotterdam, up by USD200/t from early this week. Considering that supply keep tight, insiders predict that the mainstream prices of antimony ingot 99.65%min would keep firm in the coming week.
An exporter in China indicated that they offered about USD14,200/t CIF Rotterdam for antimony ingot 99.65%min and could accept to sell at USD14,100/t for firm bids. While most overseas clients refuse to accept such high prices due to soft demand. The exporter added, "We last exported about 20t at USD13,600/t last week and most suppliers prefer to keep their prices stable due to tight supply and some even stop their quotation now". Due to soft demand in European market, most overseas clients refuse to purchase at prices above USD13,500/t now, while they have no intention to sell at any lower prices and predict that the mainstream prices of antimony ingot 99.65%min would keep stable in the forthcoming week.
With a monthly trading volume of 200t of antimony ingot 99.65%min, the exporter predicts to export about 60t this month and sold about 150t last month. The exporting volume in 2023 reached nearly 2,000t. They now hold no stock and held about 100t last month.
Another exporter in HongKong said they refuse to offer for antimony ingot 99.65%min now and even for firm bids, they refuse to sell any materials at prices lower than USD13,700/t CIF Rotterdam and last sold about 20t at USD13,500/t last week. The exporter added, "We received many inquiries from overseas clients and most consumers prefer to purchase at prices below USD13,500/t now. But we failed to refill any stocks at any prices as most suppliers stop their quotation". Supported by firm prices from suppliers, the exporter predicts that the mainstream prices of antimony ingot 99.65%min would keep firm in the coming week.
With a regular monthly export volume of around 200t, the exporter predicts to export about 120t this month and exported around 100t last month. They hold no stock presently, unchanged from last month. Their total export volume achieved about 1,500t in 2023.
An exporter in China indicated that they offered about USD14,200/t CIF Rotterdam for antimony ingot 99.65%min and could accept to sell at USD14,100/t for firm bids. While most overseas clients refuse to accept such high prices due to soft demand. The exporter added, "We last exported about 20t at USD13,600/t last week and most suppliers prefer to keep their prices stable due to tight supply and some even stop their quotation now". Due to soft demand in European market, most overseas clients refuse to purchase at prices above USD13,500/t now, while they have no intention to sell at any lower prices and predict that the mainstream prices of antimony ingot 99.65%min would keep stable in the forthcoming week.
With a monthly trading volume of 200t of antimony ingot 99.65%min, the exporter predicts to export about 60t this month and sold about 150t last month. The exporting volume in 2023 reached nearly 2,000t. They now hold no stock and held about 100t last month.
Another exporter in HongKong said they refuse to offer for antimony ingot 99.65%min now and even for firm bids, they refuse to sell any materials at prices lower than USD13,700/t CIF Rotterdam and last sold about 20t at USD13,500/t last week. The exporter added, "We received many inquiries from overseas clients and most consumers prefer to purchase at prices below USD13,500/t now. But we failed to refill any stocks at any prices as most suppliers stop their quotation". Supported by firm prices from suppliers, the exporter predicts that the mainstream prices of antimony ingot 99.65%min would keep firm in the coming week.
With a regular monthly export volume of around 200t, the exporter predicts to export about 120t this month and exported around 100t last month. They hold no stock presently, unchanged from last month. Their total export volume achieved about 1,500t in 2023.
