Antimony Market Report April 2012
2012-05-16 10:21:41 【Print】
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In the first two weeks, the prices of antimony ingot 99.65%min and trioxide 99.5%min respectively kept at about RMB78000-80500/t (USD12,401-12,798/t) and RMB69,000-71,000/t (USD10，970-11，288/t) ex works, but as the demand was demand from downstream industries and some suppliers’ stock accumulated. In the third week, the prices of antimony ingot 99.65%min and trioxide 99.5%min respectively reduced by RMB1,000/t (USD158/t) to around RMB77,000-79,500/t (USD12，242-12，639/t) and RMB68,000-70,000/t (USD10，811-11，129/t) ex works, on weak demand and high-hold raw material price, some producers chose to stop production owing to limited or no profit.
Into April, the Chinese Vietnam border illegal business had been strictly forbidden for around two months. The legal Chinese exporters generally maintained their offers at around USD13,500/t FOB China, as stock level in European, American and Japanese markets was low, and buyers there tried to find antimony ingot at lower price and sent inquiries to Chinese suppliers at the same time. However, overseas buyers had difficulties in accepting the price of USD13,500/t FOB China for antimony ingot 99.65%min as the price was about USD800-1,000/t higher than that from illegal way. Therefore, there were some orders concluded at USD13,100-13,400/t FOB China for antimony ingot 99.65%min. In antimony trioxide export market, the price of antimony trioxide 99.5%min mainly kept at around USD11,050-11,250/t FOB China in the first two weeks, as customers purchased from hand to mouth, and the market was inactive. Into the third week, exporters decreased their prices to USD11,000-11,200/t FOB China to attract orders.
Into April, the Chinese Vietnam border illegal business had been strictly forbidden for around two months. The legal Chinese exporters generally maintained their offers at around USD13,500/t FOB China, as stock level in European, American and Japanese markets was low, and buyers there tried to find antimony ingot at lower price and sent inquiries to Chinese suppliers at the same time. However, overseas buyers had difficulties in accepting the price of USD13,500/t FOB China for antimony ingot 99.65%min as the price was about USD800-1,000/t higher than that from illegal way. Therefore, there were some orders concluded at USD13,100-13,400/t FOB China for antimony ingot 99.65%min. In antimony trioxide export market, the price of antimony trioxide 99.5%min mainly kept at around USD11,050-11,250/t FOB China in the first two weeks, as customers purchased from hand to mouth, and the market was inactive. Into the third week, exporters decreased their prices to USD11,000-11,200/t FOB China to attract orders.
