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