Antimony Market Report August 2012

Antimony ingot price was generally steady in August, though some suppliers in Hunan lifted their offers to RMB61,000/t (USD9,606/t) VAT excluded and above RMB71,000/t (USD11,181/t) ex works for antimony ingot 99.Asian Metal Copyright65%min.Asian Metal Copyright65%min.Asian Metal Copyright .Asian Metal Copyright However, as the demand was weak and buyers purchased from hand to mouth, the closing prices for antimony ingot 99.65%min kept at RMB59,000-60,500/t (USD9,291-9,528/t) VAT excluded and RMB69,000-70,500/t (USD10,866-11,102/t) ex works.Asian Metal Copyright Part of suppliers accepted RMB59,000-60,000t USD9,291-9,449t ex works to sell in view of shrinking demand from downstream industries.Asian Metal Copyright Deals in spot market were thin and most smelters in Lengshuijiang area, Hunan province were still out of production, and they mainly consume their stocks.

The price of antimony trioxide was generally stable in August, hovered at RMB59,000-61,000/t (USD9,291-9,606/t) ex works, and consumers purchased from hand to mouth, so most suppliers claimed thin deals in August. Part of suppliers accepted RMB59,000-60,000/t (USD9,291-9,449/t) ex works to sell in view of shrinking demand from downstream industries. Late August, most suppliers raised their offers to RMB62,000-63,000/t (USD9,764-9,921/t) ex works for antimony trioxide 99.5%min in the name of price increase for antimony ingot and expected the price would go up into September after overseas buyers come back and make replacement.
.Asian Metal CopyrightAntimony ingot price was generally steady in August, though some suppliers in Hunan lifted their offers to RMB61,000t USD9,606t VAT excluded and above RMB71,000t USD11,181t ex works for antimony ingot 99Asian Metal Copyright