Chinese Antimony Ingot Prices Went Down

Prices Up Slightly

BEIJING (Asian Metal) 25 June 18 – Suppliers promote the materials to recoup money and consumers remain inactive to make purchases as they are both pessimistic towards the market. It is predicted that domestic antimony ingot prices might show a slight downtrend in the coming two weeks.

A producer in South China now moves down antimony ingot 99.85% min prices to around RMB 51,000/t (USD 7,798/t) EXW Inc-VAT for around 30t seeing a decline of RMB 100/t (USD 76/t) from one week ago for poorer demand. One consumer made a counteroffer of RMB 100/t (USD 15/t) and bought about 30t at RMB 50,900/t (USD 7,783/t) late last week. They are not optimistic towards the market and intend to recoup money as soon as possible. The source expected that Chinese antimony ingot 99.85% min prices might decrease by RMB 500/t (USD 78/t) in the forthcoming two weeks.

With a capacity of 5,000 tpy for antimony ingots, the plant would produce 300t in June, unchanged from May, holding around 300t of stocks presently.

Currently, we reduce low-bismuth antimony ingot 99.65% min prices to around RMB 50,500/t (USD 7,722/t) EXW Inc-VAT for about 30t, down by RMB 500/t (USD 76/t) early last week,” said another producer in South China. On the backdrop of slower demand resulting from China and the US trade war, they didn’t conclude any new orders over the past two weeks. Their last sale of the material was around 30t at about RMB 51,000/t) USD 7,798/t) in the first half of June. They supposed that Chinese antimony ingot99.65% min process might go down slightly by about RMB 500/t (USD 76/t) in the following two weeks.

With an annual capacity of 3,000t for antimony ingots, they would produce 150t in June, same as May, holding 200t of stocks now.

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This article was retrieved from AsianMetal.com

Antimony Ingot Prices Up Slightly in North American Markets

Prices Up Slightly

BEIJING (Asian Metal) 31 May 18 – At the time being, the prevailing prices of antimony ingot 99.65% min in the North American market [are staying] in a range of USD 3.65 – 3.75/lb in a Baltimore warehouse, up by USD 0.05/lb from last week due to climbing export prices of Chinese ones. The spot market witnesses stable demand, and thus it is anticipated that the prices of the material might hold firm in the coming week.

“Our supplier quotes antimony ingot 99.65% min at USD 3.70/lb in a Baltimore warehouse and doesn’t accept to sell at prices lower than USD 3.65/lb at present, up by USD 0.05/lb from one week ago for rising export prices of Chinese ones,” said a consumer in the Northern American market, who didn’t buy material over the past week. Their last purchase was with the volume of 20t at USD 3.60/lb one week ago. The source predicted that North American antimony ingot 99.65% min prices might stand firm next week.

The consumer, with a regular consumption of 360tpy, expects to use 30t in May, same as last month, holding 30t of stocks at the moment.

A North American trader offers antimony ingot 99.65% min at USD 3.75/lb in a Baltimore warehouse and refuses to sell at prices below USD 3.70/lb at present, witnessing an uplift of USD 0.05/lb from one week ago due to increasing export prices of Chinese ones. Early this week, they sold around 10t of the material at about USD 3.70/lb in a Baltimore warehouse. The trader added that stable demand is seen in the spot market They expected North American antimony ingot 99.65% min prices might keep firm in the forthcoming days.

The trader, with a regular trading volume of 40tpm, would sell 30t in May 2018, basically stable from last month, holding 40t of stocks at the moment.

For More Information

For more information on our antimony products please visit our Flame Retardants page, or you can always give us a call here in the office by visiting our Contact Us page.

This article was retrieved from AsianMetal.com