Brazilian Antimony Ingot Market Saw Poor Demand

Poor Demand

BEIJING (Asian Metal) 24 Jul 18 – Currently, Brazilian antimony ingot 99.65% min’s mainstream prices keep at USD 8,150-8,350/t CFR Brazil, same as last week. As a reaction to subdued demand, the market witnesses poor demand. Insiders hold the view that Brazilian antimony ingot 99.65%. min market would remain slack in the coming week.

“We prefer to run down stocks now and didn’t buy antimony ingots from early June for poor downstream demand,” said a Brazilian trader, who revealed that suppliers quote antimony ingot 99.65% min around USD 8,250/t CFR Brazil for 10t presently, without much change from one week ago. The source could make a counteroffer of USD50/t to USD 8,200/t now. Their last buying of the material was 10t at USD 8,250/t CFR Brazil at the beginning of June. They anticipated that Brazilian antimony ingot 99.65% min market would keep slow in the forthcoming days.

The trader, with a regular volume of 30tpm, would take 20t in July, unchanged from last month, holding 40tpm of stocks now.

Another trader in Brazil shared with Asian Metal that antimony ingot99.65% min prices remain at USD 8,200/t CFR Brazil at present, on a par with last week. Late last week, they wanted to buy at USD 8,150/t, while suppliers refused to accept prices below USD 8,200/t, as a result, they did not make a purchase over the past two weeks to de-stock. Their last purchase was 50t at USD 8,200/t CFR Brazil in late June. The source expected that Brazilian antimony ingot 99.65% min market would remain dim next week.

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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

Antimony Ingot in Brazilian Market Prices Decrease

Prices Decrease

BEIJING (Asian Metal) 2 July 18 – Current antimony ingot 99.65% min’s mainstream prices in Brazilian market decline to USD 8,150-8,350/t CFR Brazil, witnessing a decrease of USD 150/t from last week affected by subdued demand. Market insiders predict that Brazilian antimony ingot 99.65% min prices might stand stable in the coming days supported by firm production costs. 

A trader in Brazil bought around 50t of antimony ingot 99.65% min at USD 8,200/t CFR Brazil at the end of June down by USD 150/t from one week ago and by USD 250/t from three weeks ago as a reaction to slow demand. “We didn’t make purchases of the material from early May and till late June, we thought the prices touched the bottom and thus replenished stocks accordingly,” explained the source. They revealed that current antimony ingot 99.65% min prices in Brazilian market move down to about USD 8,300/t and they could counteroffer of USD 100/t at most, down by USD 150/t last week. The source supposed that antimony ingot 99.65% min prices in Brazilian market might keep flat in the following week.

The trader, with a regular trading volume of 20tpm, sold 10t in June, down by 10t from last month, holding 5t of stocks at present.

“Our suppliers sell antimony ingot 99.65% min at about USD 8,150/t CFR Brazil now, down by USD 150/t from last week due to slack downstream demand,” said a trader in Brazil. They didn’t make purchases of the material over the past three weeks, and their purchase was 10t at USD 8,250/t in the first week of June. The source expected that Brazilian antimony ingot 99.65% min prices might hold steady in the coming week for firm production costs.

The trader, with a regular trading volume of 20tpm, sold 10t in June, unchanged from May, holding 5t of stocks currently.

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