BEIJING (Asian Metal) 14 Dec 17 – Currently, mainstream transaction prices for Chinese ethylene glycol antimony 57%min hold at RMB44,500-45,500/t (USD6,734-6,885/t), basically unchanged from last week. At present, the Chinese market for ethylene glycol antimony strikes a balance between supply and demand, and transactions are relatively good. Insiders anticipate that prices for Chinese ethylene glycol might remain unchanged from the current level in the coming days.

A producer in North China said, “At present, our selling price for ethylene glycol antimony is RMB45,500/t (USD6,809/t) as the lowest, unchanged from last week.” The source now mainly focuses upon overseas markets and sold around 15t of the material at RMB45,000/t (USD 6,809/t) this week, believing that prices would remain unchanged from the current level in the near future. With an annual production capacity of 2,400t of ethylene glycol antimony, the source expected to produce around 150t in December, basically unchanged from November, and holds around 100t of stocks now. A producer in South China quotes ethylene glycol antimony at RMB45,500/t (USD 6,885/t) at present, unchanged from last week. “We make routine sales now and the market runs steadily,” the source said. They remain unchanged in the near future. With an annual production capacity of 4,500t of ethylene glycol antimony, the source expected to produce around 350t in December, basically unchanged from November, and holds around 100t of stocks now.

Article Retrieved from: AsianMetal.com