European Antimony ingot prices increase
2024-04-26 10:22:08 [Print]
BEIJING (Asian Metal) 26 Apr 24 - Due to shortage of materials, most suppliers stop offering and prices keep moving up. Currently, the mainstream prices of antimony ingot 99.85%min stand at USD145,000-147,000/t in warehouse Rotterdam, up by USD400/t from last week. Considering that supply keep tight and most suppliers hold low intentions to sell now, insiders predict that the mainstream prices of antimony ingot 99.65%min in warehouse Rotterdam would increase further in the coming week.
A trader in United Kingdom disclose, "Prices of antimony ingot 99.65%min keep increasing now and we predict that prices would go up further as the supply keep so tight. Most of suppliers from many countries have stopped offering now. It is hard to refill any materials presently". The trader added they plan to offer about USD15,000/t in warehouse Rotterdam for antimony ingot 99.65%min now and they can't purchase any materials at prices below USD14,500/t now. They last purchased about 20t at USD13,800/t and another 20t at USD13,400/t earlier. Prices increase fast, while they have to purchase due to tight supply. They predict that the mainstream prices of antimony ingot 99.65%min in warehouse Rotterdam would increase further in the coming week.
With a regular monthly trading volume of 100t of antimony ingot 99.65%min, they expect to sell about 50t in April, compared with around 60t in last month. They sold nearly 600t in 2023 and currently hold an inventory of 40t, on par with one month earlier.
Another trader in Spain disclosed that the competitive price they received this week stand at USD14,500/t in warehouse Rotterdam and most suppliers have low intentions to make sales. The trader added, "We don't purchase any materials this week and last purchased about 40t of antimony ingot 99.65%min at USD13,500/t last week". The trader add that prices in European market increased by nearly USD1,000/t within one week as supply keep tight now. They failed to get any offers from China and Myanmar and Oman this week, and suppliers from Tajikistan offer inactively now. Due to so tight supply of materials, the trader predicts that the mainstream prices of antimony ingot 99.65%min in warehouse Rotterdam would move up further in the coming week.
With a regular monthly trading volume of 80t of antimony ingot 99.65%min, they expect to sell about 40t in April, compared with around 60t in March. They sold nearly 800t in 2023 and currently hold an inventory of 60t, unchanged MoM.
A trader in United Kingdom disclose, "Prices of antimony ingot 99.65%min keep increasing now and we predict that prices would go up further as the supply keep so tight. Most of suppliers from many countries have stopped offering now. It is hard to refill any materials presently". The trader added they plan to offer about USD15,000/t in warehouse Rotterdam for antimony ingot 99.65%min now and they can't purchase any materials at prices below USD14,500/t now. They last purchased about 20t at USD13,800/t and another 20t at USD13,400/t earlier. Prices increase fast, while they have to purchase due to tight supply. They predict that the mainstream prices of antimony ingot 99.65%min in warehouse Rotterdam would increase further in the coming week.
With a regular monthly trading volume of 100t of antimony ingot 99.65%min, they expect to sell about 50t in April, compared with around 60t in last month. They sold nearly 600t in 2023 and currently hold an inventory of 40t, on par with one month earlier.
Another trader in Spain disclosed that the competitive price they received this week stand at USD14,500/t in warehouse Rotterdam and most suppliers have low intentions to make sales. The trader added, "We don't purchase any materials this week and last purchased about 40t of antimony ingot 99.65%min at USD13,500/t last week". The trader add that prices in European market increased by nearly USD1,000/t within one week as supply keep tight now. They failed to get any offers from China and Myanmar and Oman this week, and suppliers from Tajikistan offer inactively now. Due to so tight supply of materials, the trader predicts that the mainstream prices of antimony ingot 99.65%min in warehouse Rotterdam would move up further in the coming week.
With a regular monthly trading volume of 80t of antimony ingot 99.65%min, they expect to sell about 40t in April, compared with around 60t in March. They sold nearly 800t in 2023 and currently hold an inventory of 60t, unchanged MoM.
