Brazilian Antimony Ingot Prices on the Decrease

Prices Decrease

BEIJING (Asian Metal) 23 April 18 – Currently, the mainstream prices of Brazilian antimony ingot 99.65%min decrease to USD8,400-8,600/t CFR Brazil, down by USD100/t from two weeks ago as a reaction to slack demand. It is expected Brazilian antimony ingot 99.65%min prices may show downward tendencies in the coming two weeks.

A Brazilian consumer noted their antimony ingot 99.65%min supplier from Bolivia doesn’t accept prices lower than USD8,500/t CFR Brazil at present, down by USD100/t from a fortnight ago because of poor demand. Their recent purchase of the material was in early January with the volume of 20t at USD8,500/t CFR Brazil. They suppose that Brazil antimony ingot 99.65%min process would reduce by USD100/t in the following two weeks.

The consumer, with regular consumption of 160tpy, expects to use 20t in April 2018, stable from last month, holding 20t of stocks at the time being.

“Our Bolivian suppler raises antimony ingot 99.65%min prices to the lowest level of USD8,400 CFR Brazil at present, seeing a decline of USD 200/t from two weeks ago,” said a Brazilian consumer. They just bought 40t of material at USD 8,400/t CFR Brazil in late April. The source anticipates Brazilian antimony ingot 99.65%min prices to go down by USD 100/t in the forthcoming two weeks.

The consumer, with a regular consumption of 360tpy, expects to use 30t in April 2018, up by 15t from last month, holding 30t of stocks at the time being.

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This article was retrieved from AsianMetal.com

Chinese Antimony Ingot Prices Stable

BEIJING (Asian Metal) 4 Apr 18 – Currently, mainstream transaction prices for Chinese antimony ingot 99.85%min stand at RMB52,000-53,000/t (USD8,270-8,429/t) Inc-VAT EXW, basically unchanged from last week. Most market participants hold [a] strong watchful attitude and spot market sees inactive participation from both suppliers and buyers. Insider predicts that Chinese antimony ingot market might continue to see slow movement in the coming days.

An antimony ingot producer in South China holds prices for antimony ingot 99.85%min at RMB52,000/t (USD8,429/t) now, unchanged from late last week. “We have limited stocks, so we take orders cautiously,” said the producer, adding that they sold the material of around 30t at the same price last week. He holds a cautious watchful attitude towards the market.

With an annual capacity for antimony ingot of 5,000t, they have suspended production affected by the environmental inspection. They produced no more than 150t in March and hold stocks of about 200t.

Another antimony ingot producer in South China holds prices for antimony ingot 99.85%min at RMB52,500/t (USD8,350/t) at present, unchanged from late last week. “The market moves slowly now, but we have no intention of underselling owning to the production costs,” said the producer, noting that they sold the material of around 50t at the same price last week. He predicts that antimony ingot prices might stay stable.

With an annual capacity of antinomy ingot of 5,000t, they produced around 150t in March and expect the same output in April, holding stocks of around 200t now.

This article was retrieved from AsianMetal.com.

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