Chinese antimony ingot prices keep increasing
2024-04-29 08:11:55 [Print]
BEIJING (Asian Metal) 29 Apr 24 - As supply keep tight, most suppliers of antimony ingot keep rasing their prices this week
A producer indicated that they don't offer for antimony ingot 99.85%min actively now and for firm bids they don't accept to sell at prices below RMB102,000/t (USD14,076/t) EXW D/P now . The producer added, "We don't sell recently as we have no stocks to sell now. We received one inquiry from one client who want to purchase at RMB102,000/t(USD14,076/t), while we didn't sell". The producer added that they last sold about 32t at RMB100,000/t (USD13,888/t) one week ago . Considering that supply keep tight, the producer predicts that the mainstream prices of Chinese antimony ingot 99 . 85%min would increase further in the coming week.
On basis of an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer produced about 4,000t in 2023 . They have no output in April, unchanged from last month . They hold about no stock at the moment, the same with last month.
Another producer disclosed, "We don't offer for antimony ingot 99.85%min now and we didn't sell any materials at prices above RMB103,000/t (USD14,214/t) and last sold about 30t at RMB102,000/t (USD14,076/t) last week". The produce added that most suppliers offer above RMB105,000/t (USD14,490/t) since late last week and few clients want to purchase more materials at prices above RMB105,000/t (USD14,490/t) now but few suppliers want to sell at lower prices . Considering that supply of antimony ingot 99 . 65%min keep tight, the producer predicts that the mainstream prices of Chinese antimony ingot 99 . 85%min would go up further in the forthcoming week.
With an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer didn't produce any products this month, unchanged from last month, and holding about 200t of stocks now, compared with 300t last month . They produced about 3,000t in 2023.
. Currently, the mainstream prices of Chinese antimony ingot 99.85%min increase to RMB102,000-103,000/t (USD14,076-14,214/t) EXW D/P, up by RMB1,000/t (USD138/t) from late last week . Considering that most suppliers prefer to keep their prices firm due to tight supply, insiders predict that the mainstream prices of Chinese antimony ingot 99 . 85%min would increase further in the coming week.
A producer indicated that they don't offer for antimony ingot 99.85%min actively now and for firm bids they don't accept to sell at prices below RMB102,000/t (USD14,076/t) EXW D/P now . The producer added, "We don't sell recently as we have no stocks to sell now. We received one inquiry from one client who want to purchase at RMB102,000/t(USD14,076/t), while we didn't sell". The producer added that they last sold about 32t at RMB100,000/t (USD13,888/t) one week ago . Considering that supply keep tight, the producer predicts that the mainstream prices of Chinese antimony ingot 99 . 85%min would increase further in the coming week.
On basis of an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer produced about 4,000t in 2023 . They have no output in April, unchanged from last month . They hold about no stock at the moment, the same with last month.
Another producer disclosed, "We don't offer for antimony ingot 99.85%min now and we didn't sell any materials at prices above RMB103,000/t (USD14,214/t) and last sold about 30t at RMB102,000/t (USD14,076/t) last week". The produce added that most suppliers offer above RMB105,000/t (USD14,490/t) since late last week and few clients want to purchase more materials at prices above RMB105,000/t (USD14,490/t) now but few suppliers want to sell at lower prices . Considering that supply of antimony ingot 99 . 65%min keep tight, the producer predicts that the mainstream prices of Chinese antimony ingot 99 . 85%min would go up further in the forthcoming week.
With an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer didn't produce any products this month, unchanged from last month, and holding about 200t of stocks now, compared with 300t last month . They produced about 3,000t in 2023.