Beijing, 13 May (Argus) —
China’s antimony concentrate production fell sharply during January-March from a year earlier because of production cuts and weaker demand caused by the global spread of Covid-19.
Domestic concentrate output fell by 37pc to 11,100t of metal content during the first three months of 2020 from 17,700t in the year-earlier period, data from the China nonferrous metals industry association show.
Production in March fell to 5,800t, down from 8,000t during the same month last year. Output in April is forecast to drop further following production halts at two mines operated by state-owned Hsikwangshan Twinkling Star, China’s largest antimony producer, during the month.
Combined production of antimony products fell by around 10.2pc to 44,100t of physical weight in the first quarter of this year, down from 49,100t during the same period last year. And March output of antimony products fell to 18,900t from 19,700t a year earlier.
Prices for 99.65pc grade metal have been assessed unchanged at 35,000-36,000 yuan/t ($4,935-5,076/t) since 15 April, with sellers reluctant to make price concessions because of tighter profit margins. Weaker international demand as a result of the coronavirus outbreak continues to weigh on the antimony market, preventing prices from rising in the near term.
May 1, 2020 —
After weeks of painstaking consideration, including input from the industry, organizers of the ACS/ACC have decided to cancel the event. Given all relevant circumstances, including the continued unknown variables of the ongoing COVID-19 pandemic, corresponding changes by governments, and challenges to businesses, this was an unavoidable decision. The show will resume its biennial schedule April 5-7, 2022, at the Indiana Convention Center in Indianapolis.
The decision was difficult, as the organizers understand the important role the ACS/ACC serves in offering a platform for new products and technologies, connecting industry professionals, and educating coatings scientists. Although the 2020 installment will not proceed this year, the ACS/ACC will continue to serve as the most significant coatings show in North America when it resumes in 2022. In the meantime, ACS/ACC organizers remain committed to helping industry professionals stay up to date on the latest technology trends and innovations in coatings. Launching May 6, ACC Virtual will deliver ACC presentations through an in-depth, online learning experience. Additional information about this unique opportunity will be available in the coming weeks.
For More Information on Antimony Products
St. Louis Group offers a variety of antimony products that serve a variety of needs. For more information on our antimony products please visit our Flame Retardants page, or you can always give us a call here at our office by visiting our Contact Us page.
This article was retrieved from American Coatings Show