Antimony Market Report July 2012
2012-08-08 08:50:04 【Print】
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The price of antimony ingot experienced a sharp decrease in June and entering July, some suppliers eased the debit and sales performance pressure, and begun to raise their offers to avoid more losses
The price of antimony trioxide decreased slowly in June, so entering July, the price did not increase following the price of antimony ingot, and generally stayed at RMB60,000-62,000/t (USD9,419-9,733/t) ex works for antimony trioxide 99.5%min. Late July, the price declined by RMB1,000/t to RMB59,000-61,000/t (USD9,262-9,576/t) ex works . Suppliers also reported to Asian Metal, the trading activities were large in the first week of July, but decreased in the second and third weeks, and late July, the market was quiet.
. In the first three weeks, the price of antimony ingot 99.65%min increased slowly from RMB67,500-70,000/t (USD10,597-10,989/t) ex works to RMB68,500-71,000/t (USD10,754-11,146/t) ex works owing to weak demand from downstream industry. There were some suppliers offering RMB72,000-73,000/t (USD11,303-11,460/t) ex works for antimony ingot 99 . 65%min with a few orders concluded (mainly to antimony ingot exporters) . Some antimony trioxide producers replaced according to orders . In the third and fourth weeks, the buying activity decreased and the price of antimony ingot 99.65%min declined to RMB67,500-70,000/t (USD10,597-10,989/t) ex works again. The price of antimony trioxide decreased slowly in June, so entering July, the price did not increase following the price of antimony ingot, and generally stayed at RMB60,000-62,000/t (USD9,419-9,733/t) ex works for antimony trioxide 99.5%min. Late July, the price declined by RMB1,000/t to RMB59,000-61,000/t (USD9,262-9,576/t) ex works . Suppliers also reported to Asian Metal, the trading activities were large in the first week of July, but decreased in the second and third weeks, and late July, the market was quiet.