Friday, November 26, 2010

Antimony ingot supply continues to be tight

Supply of antimony ingot tightens in domestic market after smelters in Guangxi stopped production for environmental inspection.Asian Metal Copyright The trader holds 120t of antimony ingot at hand.Asian Metal Copyright More and more purchasers reported to Asian Metal that they can not get the material in spot market.Asian Metal Copyright A Shanghai-based trader, who sells around 30-40t of antimony ingot to alloy producers every month, reported that he bought 60t of antimony ingot 99.Asian Metal Copyright

A Shanghai-based trader, who sells around 30-40t of antimony ingot to alloy producers every month, reported that he bought 60t of antimony ingot 99.Asian Metal Copyright A Guangdong-based antimony ingot trader, with a trading volume of around 120tpm when the market is stable and 80ptm this year, told Asian Metal that he sold around 20t of antimony ingot 99.Asian Metal Copyright65%min at RMB73,500/t (USD11,069/t) delivered to Shanghai when the price just rose in early November, and has only 10t in stock at present.Asian Metal Copyright A Guangdong-based antimony ingot trader, with a trading volume of around 120tpm when the market is stable and 80ptm this year, told Asian Metal that he sold around 20t of antimony ingot 99.Asian Metal Copyright

"Producers in Hunan claimed that they are carrying out long-term contracts with December or January shipment, and do not have spot materials to sell," remarked the source, adding that antimony ingot supply is short in Yunnan.Asian Metal Copyright The trader holds 120t of antimony ingot at hand.Asian Metal Copyright

A Guangdong-based antimony ingot trader, with a trading volume of around 120tpm when the market is stable and 80ptm this year, told Asian Metal that he sold around 20t of antimony ingot 99.Asian Metal Copyright65%min at RMB80,000t USD12,048t delivered early this week.Asian Metal Copyright65%min at RMB80,000/t (USD12,048/t) delivered early this week.Asian Metal Copyright A Guangdong-based antimony ingot trader, with a trading volume of around 120tpm when the market is stable and 80ptm this year, told Asian Metal that he sold around 20t of antimony ingot 99.Asian Metal Copyright "Supply tightens in domestic market, so we sell small amount every time," remarked the source.Asian Metal Copyright "Producers in Hunan claimed that they are carrying out long-term contracts with December or January shipment, and do not have spot materials to sell," remarked the source, adding that antimony ingot supply is short in Yunnan.Asian Metal Copyright

According to the source, most of producers do not have spot m

Antimony trioxide producers keep raising offers

Antimony trioxide price is reportedly increasing by RMB1,000/t (USD150/t) compared to that in late last week, however, part of the producers revealed that they are cautious of raising prices due to thin trading activities in spot market.Asian Metal Copyright "Tight supply of antimony ingot becomes much severer at present after antimony ingot producers in Guangxi gradually stopped production for energy saving and emission reduction plan," said the source.Asian Metal Copyright

A Hunan-based antimony trioxide producer, whose output of 220tpm has decreased to around 100tpm owing to low availability of antimony ingot, claimed that he was shopping around for antimony ingot in Hunan in the past week, but many producers told him no spot materials.Asian Metal Copyright A Hunan-based antimony trioxide producer, whose output of 220tpm has decreased to around 100tpm owing to low availability of antimony ingot, claimed that he was shopping around for antimony ingot in Hunan in the past week, but many producers told him no spot materials.Asian Metal Copyright The source claimed that he quoted around RMB73,000-74,000/t (USD10,994-11,144/t) ex works for antimony trioxide 99.Asian Metal Copyright A Hunan-based antimony trioxide producer, whose output of 220tpm has decreased to around 100tpm owing to low availability of antimony ingot, claimed that he was shopping around for antimony ingot in Hunan in the past week, but many producers told him no spot materials.Asian Metal Copyright8%min, RMB1,000/t (USD150/t) higher than that in late last week.Asian Metal Copyright The source claimed that he quoted around RMB73,000-74,000t USD10,994-11,144t ex works for antimony trioxide 99.Asian Metal Copyright

The source sold around 10t of antimony trioxide 99.Asian Metal Copyright .Asian Metal Copyright8%min at RMB72,000/t (USD10,843/t) ex works late last week to his long-term customers, and added that most of his customers are glasses fiber and modified plastics manufacturers, in those areas antimony trioxide are used to fire retardant and can not be replaced by other substitutes, because the substitutes will change the conformance of glasses fiber and modified plastics.Asian Metal Copyright The source claimed that he quoted around RMB73,000-74,000t USD10,994-11,144t ex works for antimony trioxide 99.Asian Metal Copyright "Therefore, we receive orders normally, but the trading volume reduces," said the source.Asian Metal Copyright The source sold around 10t of antimony trioxide 99.Asian Metal Copyright

Another Hunan-based antimony trioxide producer, with an output of around 100tpm, reported that they lifted their offer to RMB74,000/t (USD11,144/t) from RMB72,000-72,500/t (USD10,843-10,919/t) ex works in last week.Asian Metal Copyright The source is short of antimony ingot, and holds 20t of antimony trioxide 99.Asian Metal Copyright "Tight supply of antimony ingot becomes much severer at present after antimony ingot producers in Guangxi gradually stopped production for energy saving and emission reduction plan," said the source.Asian Metal CopyrightBEIJING Asian Metal 24 Nov 10 – Antimony trioxide price is reportedly increasing by RMB1,000t USD150t compared to that in late last week, however, part of the producers revealed that they are cautious of raising prices due to thin trading activities in spot market.Asian Metal Copyright

The source is short of antimony ingot, and holds 20t of antimony trioxide 99.Asian Metal Copyright "Tight supply of antimony ingot becomes much severer at present after antimony ingot producers in Guangxi gradually stopped production for energy saving and emission reduction plan," said the source.Asian Metal Copyright5%min and 60t of antimony trioxide 99.Asian Metal Copyright The source sold around 10t of antimony trioxide 99.Asian Metal Copyright8%min in stock at present.Asian Metal Copyright A Hunan-based antimony trioxide producer, whose output of 220tpm has decreased to around 100tpm owing to low availability of antimony ingot, claimed that he was shopping around for antimony ingot in Hunan in the past week, but many producers told him no spot materials.Asian Metal Copyright

Tuesday, August 24, 2010

bismuth ingot price keeps increasing

Chinese bismuth market continued the up-moving trend from the previous week with the price of bismuth 99.Asian Metal Copyright99%min was around RMB123,500-125,000t USD8.Asian Metal Copyright99%min getting higher to RMB125,000/t (USD8.Asian Metal Copyright "We received several inquiries this Monday and could conclude deals of bismuth 99.Asian Metal Copyright37/lb), around RMB500/t (USD0.Asian Metal Copyright34lb on last Friday and the offers in the market keep rising to RMB125,000-126,000t USD8.Asian Metal Copyright033/lb) higher than that of last week.Asian Metal Copyright37lb ex works," said the source.Asian Metal Copyright

A major bismuth consumer in China reported that they totally bought around 20t of bismuth 99.Asian Metal Copyright99%min increased from RMB123,000t USD8.Asian Metal Copyright99%min at RMB123,000/t (USD8.Asian Metal Copyright99%min increased from RMB123,000t USD8.Asian Metal Copyright24/lb) last Thursday, while they purchased 10t of the material at RMB121,500/t (USD8.Asian Metal Copyright37lb, around RMB500t USD0.Asian Metal Copyright12/lb) last Monday.Asian Metal Copyright37-8.Asian Metal Copyright "I heard that the offers for bismuth ingot increase to RMB125,000-126,000/t (USD8.Asian Metal Copyright" With an output of around 60tpm for bismuth 99.Asian Metal Copyright37-8.Asian Metal Copyright37lb, around RMB500t USD0.Asian Metal Copyright44/lb) this week, and I think deals will be concluded at the level soon," said the source.Asian Metal Copyright24lb last Thursday, while they purchased 10t of the material at RMB121,500t USD8.Asian Metal Copyright

A bismuth producer in China told Asian Metal that their selling price for bismuth 99.Asian Metal CopyrightBEIJING Asian Metal 24 Aug 10 – Chinese bismuth market continued the up-moving trend from the previous week with the price of bismuth 99.Asian Metal Copyright99%min increased from RMB123,000/t (USD8.Asian Metal Copyright "We received several inquiries this Monday and could conclude deals of bismuth 99.Asian Metal Copyright24/lb) of early last week to RMB124,500/t (USD8.Asian Metal Copyright37lb, around RMB500t USD0.Asian Metal Copyright34/lb) on last Friday and the offers in the market keep rising to RMB125,000-126,000/t (USD8.Asian Metal Copyright37lb ex works," said the source.Asian Metal Copyright37-8.Asian Metal Copyright99%min was around RMB123,500-125,000t USD8.Asian Metal Copyright44/lb) this week.Asian Metal Copyright37lb, around RMB500t USD0.Asian Metal Copyright "We received several inquiries this Monday and could conclude deals of bismuth 99.Asian Metal Copyright "We received several inquiries this Monday and could conclude deals of bismuth 99.Asian Metal Copyright99%min at RMB125,000/t (USD8.Asian Metal Copyright99%min was around RMB123,500-125,000t USD8.Asian Metal Copyright37/lb) ex works," said the source.Asian Metal Copyright24lb of early last week to RMB124,500t USD8.Asian Metal Copyright "But we only have few stocks and the market is moving upwards, so we do not intend to watch the market to late this week.Asian Metal Copyright99%min increased from RMB123,000t USD8.Asian Metal Copyright"

With an output of around 60tpm for bismuth 99.Asian Metal Copyright12lb last Monday.Asian Metal Copyright99%min, the factory now has less than ten tons of stock.Asian Metal Copyright27lb higher than that of late last month.Asian Metal Copyright "Many suppliers are holding back from selling materials at the moment," added the source.Asian Metal CopyrightBEIJING Asian Metal 24 Aug 10 – Chinese bismuth market continued the up-moving trend from the previous week with the price of bismuth 99.Asian Metal Copyright

Another bismuth producer in China confirmed that Chinese bismuth price keeps increasing slightly this week and their concluded price for bismuth 99.Asian Metal Copyright Another bismuth producer in China confirmed that Chinese bismuth price keeps increasing slightly this week and their concluded price for bismuth 99.Asian Metal Copyright99%min was around RMB123,500-125,000/t (USD8.Asian Metal Copyright033lb higher than that of last week.Asian Metal Copyright27-8.Asian Metal Copyright44lb this week, and I think deals will be concluded at the level soon," said the source.Asian Metal Copyright37/lb) in the recent days.Asian Metal Copyright44lb this week, and I think deals will be concluded at the level soon," said the source.Asian Metal Copyright Meanwhile, the source noted that crude bismuth price also increased to RMB110,000/t (USD7.Asian Metal Copyright99%min getting higher to RMB125,000t USD8.Asian Metal Copyright36/lb), around RMB4,000/t (USD0.Asian Metal Copyright44lb this week, and I think deals will be concluded at the level soon," said the source.Asian Metal Copyright27/lb) higher than that of late last month.Asian Metal Copyright99%min at RMB125,000t USD8.Asian Metal Copyright

Electrolytic calcium market sees little improvement

Electrolytic calcium prices in China keeps stable, and the trading remains thin, since the demand from domestic and overseas buyers does not recover, Asian Metal reported.Asian Metal Copyright The source revealed that electrolytic calcium export market remains flat, since some buyers in Europe are on holiday.Asian Metal Copyright

A producer in Inner Mongolia with the output of 200tpm reported that electrolytic calcium demand keeps shrinking after China cancels the export rebate of some kinds of steel products.Asian Metal Copyright A Shanghai-based trader with the sales volume of 30-40tpm confirmed that electrolytic calcium market sees few deals concluded in China, and the consumption remains at a low level.Asian Metal Copyright "Consumers only purchase the material from hand to mouth," said the source, adding that they keep offers of electrolytic calcium granule 99%min 0-2mm at around RMB35,000-36,000/t (USD5,162-5,310/t) delivered currently, the same with those last month.Asian Metal Copyright "Consumers only purchase the material from hand to mouth," said the source, adding that they keep offers of electrolytic calcium granule 99%min 0-2mm at around RMB35,000-36,000t USD5,162-5,310t delivered currently, the same with those last month.Asian Metal Copyright

The source revealed that electrolytic calcium export market remains flat, since some buyers in Europe are on holiday.Asian Metal Copyright .Asian Metal Copyright "In fact, we suffer a loss at the current price level, and I think the price may not go down in the following weeks," said the source, adding that they hold around 100t of electrolytic calcium on hand.Asian Metal Copyright .Asian Metal Copyright

A Shanghai-based trader with the sales volume of 30-40tpm confirmed that electrolytic calcium market sees few deals concluded in China, and the consumption remains at a low level.Asian Metal Copyright "In fact, we suffer a loss at the current price level, and I think the price may not go down in the following weeks," said the source, adding that they hold around 100t of electrolytic calcium on hand.Asian Metal Copyright "Electrolytic calcium granule prices have been stable for several months, and buyers are not eager to make purchase," said the source, revealing that the mainstream prices stay at around RMB34,000-36,000/t (USD5,015-5,310/t) delivered currently.Asian Metal Copyright .Asian Metal Copyright

The source analyzed that steel plants are enduring hardship, and they try their best to lower production cost.Asian Metal Copyright "Electrolytic calcium granule prices have been stable for several months, and buyers are not eager to make purchase," said the source, revealing that the mainstream prices stay at around RMB34,000-36,000t USD5,015-5,310t delivered currently.Asian Metal Copyright "However, as the current price of electrolytic calcium is on a par with the production cost, I think the market may not go down," said the source, adding that they hold few stocks on hand.Asian Metal Copyright "Consumers only purchase the material from hand to mouth," said the source, adding that they keep offers of electrolytic calcium granule 99%min 0-2mm at around RMB35,000-36,000t USD5,162-5,310t delivered currently, the same with those last month.Asian Metal Copyright

Antimony ingot prices firm with slow activity

Antimony ingot prices keep firm supported by tight material availability, but slow activity is seen in the market as many buyers are not ready to accept higher-than-expected price.Asian Metal Copyright "In view of current situation, we would not sell antimony ingot at below RMB68,000t USD10,015t ex works," said the source.Asian Metal Copyright

A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.Asian Metal Copyright "In view of current situation, we would not sell antimony ingot at below RMB68,000t USD10,015t ex works," said the source.Asian Metal Copyright65%min at RMB65,000/t (USD9.Asian Metal Copyright65%min at RMB65,000t USD9.Asian Metal Copyright573/t) ex works at the beginning of this week.Asian Metal Copyright With less than 50t of antimony ingot in stock, the source intends not to make any sales except that long-term customers require earnestly for replacement.Asian Metal Copyright The source has not planed to release more materials from stock in view of higher offers in the market.Asian Metal Copyright A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.Asian Metal Copyright According to the source, some producers in Hunan have lifted offers to RMB67,000-68,000/t (USD9,867-10,015/t) ex works and expect the price to touch RMB70,000/t (USD10,309/t) ex works in the short run.Asian Metal Copyright The source has not planed to release more materials from stock in view of higher offers in the market.Asian Metal Copyright

"I'm sure the antimony market will keep largely strong in the following one month with price possible hitting new highs, but the price is likely to drop immediately after major producers in Lengshuijiang resume production," said the source.Asian Metal Copyright A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.Asian Metal Copyright

The source revealed that they are also out of production for anti-environment performance and when will be able to restart is still unknown.Asian Metal Copyright The source revealed that they are also out of production for anti-environment performance and when will be able to restart is still unknown.Asian Metal Copyright "Perhaps in October," the source added.Asian Metal Copyright The source revealed that supply for both antimony ingot and antimony concentrate tightens, which is considered the primary reason for the price jump of antimony products.Asian Metal Copyright

With less than 50t of antimony ingot in stock, the source intends not to make any sales except that long-term customers require earnestly for replacement.Asian Metal Copyright "Perhaps in October," the source added.Asian Metal Copyright

A Yunnan-based producer has just completed a sale of one truckload at RMB63,000/t (USD9,278/t) ex works contracted one week ago and plans to watch the market for a few days before making new sales.Asian Metal Copyright He acknowledged that many buyers are hesitant to make purchases as the price rises too fast, and thus the market seems a little quiet, but he is confident of firming price in the rest of August.Asian Metal Copyright "In view of current situation, we would not sell antimony ingot at below RMB68,000/t (USD10,015/t) ex works," said the source.Asian Metal Copyright A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.Asian Metal Copyright

The source revealed that supply for both antimony ingot and antimony concentrate tightens, which is considered the primary reason for the price jump of antimony products.Asian Metal Copyright Smelter closures in Lengshuijiang continue, and some of those based in other producing areas also reduced or stopped production for maintenance recently.Asian Metal Copyright Smelter closures in Lengshuijiang continue, and some of those based in other producing areas also reduced or stopped production for maintenance recently.Asian Metal Copyright573t ex works at the beginning of this week.Asian Metal Copyright Therefore, antimony ingot supply turns tighter.Asian Metal CopyrightBEIJING Asian Metal 20 Aug 10 – Antimony ingot prices keep firm supported by tight material availability, but slow activity is seen in the market as many buyers are not ready to accept higher-than-expected price.Asian Metal Copyright Besides, the market is still seeing a shortage of antimony concentrate, leaving some antimony ingot producers in trouble with production.Asian Metal Copyright Besides, the market is still seeing a shortage of antimony concentrate, leaving some antimony ingot producers in trouble with production.Asian Metal Copyright

With its own mine, the source maintains an output of around 300tpm of antimony ingot.Asian Metal Copyright A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.Asian Metal Copyright He acknowledged that many buyers are hesitant to make purchases as the price rises too fast, and thus the market seems a little quiet, but he is confident of firming price in the rest of August.Asian Metal Copyright Therefore, antimony ingot supply turns tighter.

Manganese flake price keeps firm in Guangxi

While manganese flake smelters are holding back from selling materials, the manganese flake price keeps firm at about RMB15,800/t (USD2,313/t) ex works.Asian Metal Copyright Moreover, the supply of manganese ore remains tight, so the price will not decrease in the coming days.Asian Metal Copyright Even some smelters are unwilling to offer for no stocks on hand.Asian Metal Copyright "I don't hold stocks on hand, and the main reason that supports the manganese flake is the tight supply," said the source.Asian Metal Copyright

 

A source from a manganese flake smelter in Guangxi with a monthly output of about 1,500t, reported to Asian Metal that manganese flake price keeps firm at around RMB15,800/t (USD2,313/t) ex works and some smelters offer about RMB16,000/t (USD2,343/t) ex works for manganese flake in Guangxi.Asian Metal Copyright "However, I am unwilling to offer for no stocks and think that the price will continue to climb up with the tight supply," said the source.Asian Metal Copyright "However, I am unwilling to offer for no stocks and think that the price will continue to climb up with the tight supply," said the source.Asian Metal Copyright Many manganese smelters have been out of production in Guangxi, and some major smelters reduce the production.Asian Metal Copyright

 

Offering around USD2,900/t FOB China for manganese flake, the source claimed that European customers have not come back to the market due to the summer holiday with few inquiries received, and only few deals are concluded.Asian Metal Copyright Even some smelters are unwilling to offer for no stocks on hand.Asian Metal Copyright

 

With an output of about 500tpm, another source from a manganese flake smelter in Guangxi claimed that he made a deal of about 80t at RMB15,800/t (USD2,313/t) ex works last Friday, and the price will keep firm for the tight supply.Asian Metal Copyright "I don't hold stocks on hand, and the main reason that supports the manganese flake is the tight supply," said the source.Asian Metal Copyright "I don't hold stocks on hand, and the main reason that supports the manganese flake is the tight supply," said the source.Asian Metal Copyright "However, I am unwilling to offer for no stocks and think that the price will continue to climb up with the tight supply," said the source.Asian Metal Copyright

 

Many manganese smelters have been out of production in Guangxi, and some major smelters reduce the production.Asian Metal Copyright Many manganese smelters have been out of production in Guangxi, and some major smelters reduce the production.Asian Metal Copyright Moreover, the supply of manganese ore remains tight, so the price will not decrease in the coming days.Asian Metal Copyright Offering around USD2,900t FOB China for manganese flake, the source claimed that European customers have not come back to the market due to the summer holiday with few inquiries received, and only few deals are concluded.

Manganese flake supply keeps tight

Participants reported to Asian Metal that as many manganese smelters halt production, and the material available in spot market is decreasing, the supply of manganese flake remains tight, and most suppliers are reluctant to sell.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright

 

Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright "I received an inquiry of 60t on Thursday, but failed to supply the buyer for no materials available.Asian Metal Copyright The mainstream manganese flake price is about 15,700-15,800/t (USD2,299-2,313/t) ex works, but the source is unwilling to offer because of no stocks on hand.Asian Metal Copyright Offering USD2,930t FOB China for manganese flake, the source claimed the export market remains quiet with few inquiries received.Asian Metal Copyright "I received an inquiry of 60t on Thursday, but failed to supply the buyer for no materials available.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright The supply of manganese flake goes tight," shared the source.Asian Metal Copyright "The price increased sharply due to the tight supply, but the demand from stainless steel mills remains weak," said the source.Asian Metal Copyright

 

Offering USD2,930/t FOB China for manganese flake, the source claimed the export market remains quiet with few inquiries received.Asian Metal Copyright The mainstream manganese flake price is about 15,700-15,800t USD2,299-2,313t ex works, but the source is unwilling to offer because of no stocks on hand.Asian Metal Copyright However, the source thinks the export market will see improvement in the near future when the European customers come back to the market.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright

 

With an output of about 1,500tpm, another source from a manganese flake smelters in Hunan confirmed to Asian Metal that the operating rate of manganese flake smelters in Hunan, Guangxi remains low, and manganese flake price is about RMB15,700/t (USD2,299/t) ex works.Asian Metal Copyright The supply of manganese flake goes tight," shared the source.Asian Metal Copyright "The price increased sharply due to the tight supply, but the demand from stainless steel mills remains weak," said the source.Asian Metal Copyright "I received an inquiry of 60t on Thursday, but failed to supply the buyer for no materials available.Asian Metal Copyright

 

Currently, the manganese flake export price is around USD2,900/t FOB China, but the manganese flake price is just about USD2,800/t in Rotterdam warehouse, said the source.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright The export market is still in thin trading.Asian Metal Copyright Offering USD2,930t FOB China for manganese flake, the source claimed the export market remains quiet with few inquiries received.

Tuesday, August 3, 2010

Manganese flake market slows down

BEIJING (Asian Metal) 4 Aug 10 – Market participants revealed to Asian Metal that manganese flake price drops continuously, so manganese flake buyers are more reluctant to replenish stocks, and the market slows down obviously.Asian Metal Copyright A source from a manganese flake smelter in Hunan province, with an output of about 2,000tpm, disclosed to Asian Metal that manganese flake price drops further, with the price of about RMB14,800t USD2,167t ex works compared to RMB 14,900t USD2,182t ex works of early this week, and the manganese market goes quiet.Asian Metal Copyright

 

A source from a manganese flake smelter in Hunan province, with an output of about 2,000tpm, disclosed to Asian Metal that manganese flake price drops further, with the price of about RMB14,800/t (USD2,167/t) ex works compared to RMB 14,900/t (USD2,182/t) ex works of early this week, and the manganese market goes quiet.Asian Metal Copyright "I received an inquiry early this week, but the consumer does not want to order now," said the source.Asian Metal Copyright "I received an inquiry early this week, but the consumer does not want to order now," said the source.Asian Metal Copyright The source claimed that manganese flake supply keeps tight which does not prevent the manganese price from dropping continuously.Asian Metal Copyright

 

Meanwhile, offering USD2,750-2,800/t FOB China for manganese flake, the source prefers to do domestic business, for foreign customers do not accept the offer.Asian Metal Copyright "The demand from steel mills has not recovered, and the end customers still hold large stocks on hand.Asian Metal Copyright According to the custom data, the export volume of manganese flake is decreasing, and the Chinese export market keeps quiet.Asian Metal Copyright A source from a manganese flake smelter in Hunan province, with an output of about 2,000tpm, disclosed to Asian Metal that manganese flake price drops further, with the price of about RMB14,800t USD2,167t ex works compared to RMB 14,900t USD2,182t ex works of early this week, and the manganese market goes quiet.Asian Metal Copyright

 

Another source from a manganese flake smelter in Guangxi, with an output of about 1,200tpm, told Asian Metal that he is just fulfilling some orders signed before and other traders are more reluctant to buy, for the manganese flake price dips further to RMB15,000/t (USD2,196/t) ex works, down by about RMB100/t (USD15/t) compared to that of early this week.Asian Metal Copyright So the market is still inactive in general," shared the source.Asian Metal Copyright "The demand from steel mills has not recovered, and the end customers still hold large stocks on hand.Asian Metal Copyright "The demand from steel mills has not recovered, and the end customers still hold large stocks on hand.Asian Metal Copyright So the market is still inactive in general," shared the source.Asian Metal Copyright According to the custom data, the export volume of manganese flake is decreasing, and the Chinese export market keeps quiet.Asian Metal Copyright

 

Talking of the supply of manganese flake, many manganese smelters have not resumed production for the weak demand and the low profit.Asian Metal Copyright The source claimed that manganese flake supply keeps tight which does not prevent the manganese price from dropping continuously.Asian Metal Copyright The source claimed that manganese flake supply keeps tight which does not prevent the manganese price from dropping continuously.Asian Metal Copyright According to the custom data, the export volume of manganese flake is decreasing, and the Chinese export market keeps quiet.

Antimony trioxide market keeps quiet

BEIJING (Asian Metal) 3 Aug 10 – Market participants reported to Asian Metal that antimony trioxide market keeps stable as end-users expect lower price and grudge making purchase when price is dipping.Asian Metal Copyright The source disclosed that they hold around 10t of antimony trioxide in stock, without antimony ingot inventory.Asian Metal Copyright


A producer from Hunan, with an output of 100tpm, reported that the market runs quietly as antimony trioxide price is dipping with few deals concluded.Asian Metal Copyright".Asian Metal Copyright The source disclosed that they hold around 10t of antimony trioxide in stock, without antimony ingot inventory.Asian Metal Copyright".Asian Metal Copyright "Hope antimony ingot price to go down further, then we will buy in the material to produce antimony trioxide," said the source.Asian Metal Copyright "The price should not drop in the second half of this year, for the demand increases in line with recovery of global economy.Asian Metal Copyright "The acceptable price for antimony ingot is RMB57,000-58,000/t ex works for us.Asian Metal Copyright "Global economy was weak in the first half of year, so it dose not have motivation for plastic price to increase.Asian Metal Copyright"


According to the source, antimony trioxide price will not decrease fast like it happened in June as antimony ingot supply remains tight.Asian Metal Copyright Antimony trioxide price is twice of that early this year, and our cost rises fast, so we reduce our usage," said the source.Asian Metal Copyright "Due to the weak demand in summer season, antimony trioxide producers and traders decrease their prices to stimulate the market and increase sales volume," stated the source.Asian Metal Copyright "The acceptable price for antimony ingot is RMB57,000-58,000t ex works for us.Asian Metal Copyright 


An end user, with a purchase quantity of 30tpy of antimony trioxide, revealed that they mainly purchase antimony trioxide 99.Asian Metal Copyright5% as fire retardant when they produce plastic.Asian Metal Copyright5% as fire retardant when they produce plastic.Asian Metal Copyright "Due to the weak demand in summer season, antimony trioxide producers and traders decrease their prices to stimulate the market and increase sales volume," stated the source.Asian Metal Copyright "Global economy was weak in the first half of year, so it dose not have motivation for plastic price to increase.Asian Metal Copyright".Asian Metal Copyright Antimony trioxide price is twice of that early this year, and our cost rises fast, so we reduce our usage," said the source.Asian Metal Copyright".Asian Metal Copyright


"The market keeps inactive for the moment, but antimony trioxide price will rebound late August as many market participants in Europe come back to the market from their holiday," said the source.Asian Metal Copyright "Due to the weak demand in summer season, antimony trioxide producers and traders decrease their prices to stimulate the market and increase sales volume," stated the source.Asian Metal Copyright "The price should not drop in the second half of this year, for the demand increases in line with recovery of global economy.Asian Metal Copyright "Global economy was weak in the first half of year, so it dose not have motivation for plastic price to increase.Asian Metal Copyright"

antimony trioxide market inactive

BEIJING (Asian Metal) 4 Aug 10 –According to participants in Japan, low trading activity in antimony trioxide market is essentially caused by resistance to high price and low demand, with the offer in the range of USD8,500/t CIF Japanese main ports.Asian Metal Copyright The source thinks that antimony trioxide price dips as demand is weak in summer season and customers can not accept the price.Asian Metal Copyright


A Japanese trader, who operates around 40tpm of antimony trioxide every month, claimed that demand is weak in Japan.Asian Metal CopyrightBEIJING Asian Metal 4 Aug 10 –According to participants in Japan, low trading activity in antimony trioxide market is essentially caused by resistance to high price and low demand, with the offer in the range of USD8,500t CIF Japanese main ports.Asian Metal Copyright The source reported that some Japanese end users reduce their usage at present market situation.Asian Metal Copyright The source thinks that antimony trioxide price dips as demand is weak in summer season and customers can not accept the price.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.Asian Metal Copyright .Asian Metal Copyright


The source thinks that antimony trioxide price dips as demand is weak in summer season and customers can not accept the price.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.Asian Metal Copyright


A dealer, who deals around 60t of antimony trioxide every year, claimed that antimony trioxide price has declined by around USD100-200/t in Japan market.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.Asian Metal Copyright "Current price is around USD8,500-8,600/t," said the source.Asian Metal Copyright .Asian Metal Copyright "Although antimony ingot price remains high, the price of flame retardant grade antimony trioxide has been USD100-200/t lower.Asian Metal Copyright" According to the source, consumers in Japan will leave for one to two weeks for summer holiday, and part of the customers decide not to replenish stocks before the holiday as the price is dipping in spot market, so the market is inactive in Japan at the moment.Asian Metal Copyright"


According to the source, consumers in Japan will leave for one to two weeks for summer holiday, and part of the customers decide not to replenish stocks before the holiday as the price is dipping in spot market, so the market is inactive in Japan at the moment.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.

Friday, July 9, 2010

Russian participants watching ferroniobium market

1 Jul 10 – As prices of tantalite and columbite go up, Russian participants are watching ferroniobium market with nearly no deal made.Asian Metal Copyright The trader indicated because of the increased price of raw materials, there are some offers above RUB1,300kg Nb USD42kg Nb, but the mainstream price is below this level.Asian Metal Copyright However, the price in spot markets is steady at RUB1,250-1,300/kg Nb (USD40-42/kg Nb).Asian Metal Copyright He disclosed they have no interest in entering the market to buy material in the following days except that they receive new orders.Asian Metal Copyright Sources commented that some consumers are still using their inventories purchased before, ferroniobium market will continue to be quiet in a short term.Asian Metal Copyright He disclosed they have no interest in entering the market to buy material in the following days except that they receive new orders.Asian Metal Copyright


A Russian trader revealed to Asian Metal that consumers from steel-making industry have already entered into the summer recess, thus the ferroniobium market is not likely to rise until September.Asian Metal Copyright .Asian Metal Copyright "Some end-users are still operating at low capacity and prefer to watch the market," said the source.Asian Metal Copyright Sources commented that some consumers are still using their inventories purchased before, ferroniobium market will continue to be quiet in a short term.Asian Metal Copyright

 According to the source, in spite of the rising price of raw materials, downstream steel-making industry is still fairly sluggish, and market demand for ferroniobium sees no big improvement.Asian Metal Copyright However, the price in spot markets is steady at RUB1,250-1,300kg Nb USD40-42kg Nb.Asian Metal Copyright The source confirmed the mainstream price of ferroniobium is steady at about RUB1,250/kg Nb (USD40/kg Nb).Asian Metal Copyright According to the source, in spite of the rising price of raw materials, downstream steel-making industry is still fairly sluggish, and market demand for ferroniobium sees no big improvement.Asian Metal Copyright


Another Russian trader agreed participants are watching the market.Asian Metal Copyright However, the price in spot markets is steady at RUB1,250-1,300kg Nb USD40-42kg Nb.Asian Metal Copyright He disclosed they have no interest in entering the market to buy material in the following days except that they receive new orders.Asian Metal Copyright Another Russian trader agreed participants are watching the market.Asian Metal Copyright "I think some end-users are still consuming inventories bought before.Asian Metal CopyrightBEIJING Asian Metal 1 Jul 10 – As prices of tantalite and columbite go up, Russian participants are watching ferroniobium market with nearly no deal made.Asian Metal Copyright They enter the market only to ask prices with no intention of buying," said the source.Asian Metal Copyright Sources commented that some consumers are still using their inventories purchased before, ferroniobium market will continue to be quiet in a short term.Asian Metal Copyright


The trader indicated because of the increased price of raw materials, there are some offers above RUB1,300/kg Nb (USD42/kg Nb), but the mainstream price is below this level.Asian Metal CopyrightBEIJING Asian Metal 1 Jul 10 – As prices of tantalite and columbite go up, Russian participants are watching ferroniobium market with nearly no deal made.Asian Metal Copyright He reported to Asian Metal that it is difficult for the market demand to go up in a short-run, but the price is expected to remain steady at this level.Asian Metal Copyright "Some end-users are still operating at low capacity and prefer to watch the market," said the source.

Brazilian ferroniobium market remains quiet in China

4 May 10 – Demand for Brazilian ferroniobium from steel mills remains low in China.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright Most suppliers still keep offers stable at around RMB220,000-225,000/t (USD41.Asian Metal Copyright4 in spot market.Asian Metal Copyright3-42.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright2/kg Nb), while only few deals are concluded at around RMB210,000/t (39.Asian Metal CopyrightBEIJING Asian Metal 4 May 10 – Demand for Brazilian ferroniobium from steel mills remains low in China.Asian Metal Copyright4) in spot market.Asian Metal Copyright2kg Nb, while only few deals are concluded at around RMB210,000t 39.Asian Metal Copyright Large steel mills can get ferroniobium at lower prices around RMB200,000/t from the sole agent in China, some active participants reported to Asian Metal.Asian Metal Copyright However, downstream consumers stated the price is too high to accept as their products can hardly sell at preferential prices due to low demand.Asian Metal Copyright


A ferroniobium trader in China, who trades around 10-15tpm, quotes RMB220,000-225,000/t(USD41.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright3-42.Asian Metal Copyright Ferroniobium market has kept quiet for a long term, and most suppliers expect the market to improve in the near future.Asian Metal Copyright2/kg Nb) this week, the same as that of last week.Asian Metal Copyright A ferroniobium trader in China, who trades around 10-15tpm, quotes RMB220,000-225,000tUSD41.Asian Metal Copyright However, downstream consumers stated the price is too high to accept as their products can hardly sell at preferential prices due to low demand.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright The source has little intention of lowering prices to empty stocks.Asian Metal Copyright However, it is unclear to state where the market will go until steel market recovers.Asian Metal Copyright


"We have not made any deals in the past month," said the source, claiming, demand from steel mills does not recover at the beginning of the second quarter, but he will not sell cheap in the coming days as ferroniobium price in Brazilian market remains stable.Asian Metal Copyright Large steel mills can get ferroniobium at lower prices around RMB200,000t from the sole agent in China, some active participants reported to Asian Metal.Asian Metal Copyright With economy recovering stably, construction industry will see an improvement in the coming months, and the source believes demand will improve soon in China accordingly.Asian Metal Copyright Owing to weak demand, there are few consumers send inquiries, not to mention orders, the source reported to Asian Metal.Asian Metal Copyright


"Demand for Brazilian ferroniobium is not strong for the moment," said another trader, who has a regular trading volume to around eight to ten ton.Asian Metal Copyright2kg Nb this week, the same as that of last week.Asian Metal Copyright With no deals having been made for almost one month, the source starts to lower offers to around RMB210,000-220,000/t (USD39.Asian Metal Copyright2kg Nb this week, the same as that of last week.Asian Metal Copyright4-42.Asian Metal Copyright "Demand for Brazilian ferroniobium is not strong for the moment," said another trader, who has a regular trading volume to around eight to ten ton.Asian Metal Copyright2/kg Nb), lower than the first source.Asian Metal Copyright3-42.Asian Metal Copyright Owing to weak demand, there are few consumers send inquiries, not to mention orders, the source reported to Asian Metal.Asian Metal Copyright "We have not made any deals in the past month," said the source, claiming, demand from steel mills does not recover at the beginning of the second quarter, but he will not sell cheap in the coming days as ferroniobium price in Brazilian market remains stable.Asian Metal Copyright


Ferroniobium market has kept quiet for a long term, and most suppliers expect the market to improve in the near future.Asian Metal Copyright3-42.Asian Metal Copyright However, it is unclear to state where the market will go until steel market recovers.Asian Metal CopyrightBEIJING Asian Metal 4 May 10 – Demand for Brazilian ferroniobium from steel mills remains low in China.

Ferromolybdenum market still dull in China

8 Jul 10 – Most producers are offering RMB127,000-128,000/t (USD31.Asian Metal Copyright13-31.Asian Metal Copyright13-31.Asian Metal Copyright BEIJING Asian Metal 8 Jul 10 – Most producers are offering RMB127,000-128,000t USD31.Asian Metal Copyright37/kg Mo) for ferromolybdenum 60% at present, and the buying activities have not recovered yet with a few deals concluded.Asian Metal Copyright Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500t USD30.Asian Metal Copyright

A Liaoning-based producer, with a production capacity of 270tpm, is offering RMB127,000-128,000/t (USD31.Asian Metal Copyright .Asian Metal Copyright13-31.Asian Metal Copyright .Asian Metal Copyright37/kg Mo) for ferromolybdenum 60% for the moment, and there were some dealers from South China bought several small tonnages of the materials in the past three days.Asian Metal Copyright13-31.Asian Metal Copyright

"All the deals were small-sized and less than 10t," said the source, confirming that demand from downstream buyers is still slow and dull.Asian Metal Copyright BEIJING Asian Metal 8 Jul 10 – Most producers are offering RMB127,000-128,000t USD31.Asian Metal Copyright

Another Liaoning-based producer is offering RMB128,000/t for ferromolybdenum 60% at the present and refuse to accept RMB126,000/t (USD30.Asian Metal Copyright Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500t USD30.Asian Metal Copyright88/kg Mo) for the time being, while another official from this company disclosed to Asian Metal that most staffs are on holiday because of the slow situation of molybdenum market.Asian Metal Copyright37kg Mo for ferromolybdenum 60% for the moment, and there were some dealers from South China bought several small tonnages of the materials in the past three days.Asian Metal Copyright

"We have stopped production for about one month and are selling the stockpiles," said the source.Asian Metal Copyright A Liaoning-based producer, with a production capacity of 270tpm, is offering RMB127,000-128,000t USD31.Asian Metal Copyright "When will we come to work depends on the market trend.Asian Metal Copyright A Liaoning-based producer, with a production capacity of 270tpm, is offering RMB127,000-128,000t USD31.Asian Metal Copyright" The official revealed that the summer season used to be dull in the past years, and he predicted the ferromolybdenum price may go down further in the coming two weeks.Asian Metal Copyright "We have stopped production for about one month and are selling the stockpiles," said the source.Asian Metal Copyright

Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500/t (USD30.Asian Metal Copyright Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500t USD30.Asian Metal Copyright51/kg Mo) for 100t of ferromolybdenum 60%, while the last tender was concluded at RMB127,000/t (USD31.Asian Metal Copyright" The official revealed that the summer season used to be dull in the past years, and he predicted the ferromolybdenum price may go down further in the coming two weeks.Asian Metal Copyright13/kg Mo) late June.Asian Metal Copyright37kg Mo for ferromolybdenum 60% for the moment, and there were some dealers from South China bought several small tonnages of the materials in the past three days.Asian Metal Copyright

Manganese flake price slides down further

7 Jul 10 – Participants reported to Asian Metal that manganese flake price dips further in China, and more and more manganese flake smelters intend to stop producing.Asian Metal Copyright With an output of about 2,000tpm of manganese flake, another source from a manganese smelter in Hunan disclosed to Asian Metal that manganese flake price slides down to about RMB14,600t USD2,138t ex works from RMB14,800t USD2,167t ex works early this week.Asian Metal Copyright The policy of the increasing power price has not been settled yet in Hunan and Guangxi etc.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright

 

A source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has been out of production so far, and the manganese flake market continued the down-moving trend from early this week with the price dropping by about RMB 100/t (USD15/t) to RMB14,600-14,700/t (USD2,138-2,152/t) ex works.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright "I still hold large stock on hand, but don't want to sell at current price," shared the source, with a monthly output of 1,000t of manganese flake.Asian Metal Copyright Putting export offer for manganese flake at about USD2,780t FOB China at the moment, the source claimed that the demand from overseas market is still weak.Asian Metal Copyright

 

Putting export offer for manganese flake at about USD2,780/t FOB China at the moment, the source claimed that the demand from overseas market is still weak.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.Asian Metal Copyright It is expected that the domestic manganese market will remain quiet in the rest of the month.Asian Metal Copyright

 

With an output of about 2,000tpm of manganese flake, another source from a manganese smelter in Hunan disclosed to Asian Metal that manganese flake price slides down to about RMB14,600/t (USD2,138/t) ex works from RMB14,800/t (USD2,167/t) ex works early this week.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.Asian Metal Copyright "It is difficult for buyers to accept the price of RMB14,700/t (USD2,152/t) ex works, and it will continue to take the down-moving trend," said the source.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.Asian Metal Copyright

 

The source is just fulfilling some long-term orders with steel mills signed before, but claimed that the trading volume is decreasing constantly.Asian Metal CopyrightBEIJING Asian Metal 7 Jul 10 – Participants reported to Asian Metal that manganese flake price dips further in China, and more and more manganese flake smelters intend to stop producing.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright It is expected that the domestic manganese market will remain quiet in the rest of the month.Asian Metal Copyright It is expected that the domestic manganese market will remain quiet in the rest of the month.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.

Manganese flake market quiet with the low operating rate

9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.Asian Metal Copyright Holding manganese flake and manganese briquette about 1,000t respectively in Rotterdam warehouse, he quotes around USD2,800t and USD2,500t for manganese flake and manganese briquette in local place.Asian Metal Copyright There is no signal for the demand to recover, and the manganese flake price is on the decline.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.Asian Metal Copyright

 

A source from a manganese flake smelter in Hunan, with an output of about 2,000tpm, revealed to Asian Metal that manganese flake price is about RMB14,600/t (USD2,138/t) ex works in China, and the smelter has been out of production so far.Asian Metal Copyright The source does not sign any export order of manganese flake this week with the price of about USD2,750t FOB China, but he is negotiating with a foreign customer about a long-term order of manganese lump 95%min, and wants to make the deal at about USD2,900t FOB China main port.Asian Metal Copyright "Most steel mills consumers don't want to buy any more, expecting the price to dip further, and only few deals are concluded," shared the source.Asian Metal Copyright Another Hubei-based source from a manganese flake smelter, with an output of about 5,400tpm, disclosed to Asian Metal that he has decreased the production to about 3,000tpm for the low demand, and the current manganese flake price is about 14,700t USD2,152t ex works.Asian Metal Copyright

 

Putting the export offer at about USD2,780/t FOB China for manganese flake, the source has no order these two weeks.Asian Metal Copyright Another Hubei-based source from a manganese flake smelter, with an output of about 5,400tpm, disclosed to Asian Metal that he has decreased the production to about 3,000tpm for the low demand, and the current manganese flake price is about 14,700t USD2,152t ex works.Asian Metal Copyright Holding manganese flake and manganese briquette about 1,000t respectively in Rotterdam warehouse, he quotes around USD2,800/t and USD2,500/t for manganese flake and manganese briquette in local place.Asian Metal Copyright "I have some long-term orders signed with steel mills to fulfill, but generally speaking, the domestic market remains quiet with the low operating rate," said the source.Asian Metal Copyright

 

Another Hubei-based source from a manganese flake smelter, with an output of about 5,400tpm, disclosed to Asian Metal that he has decreased the production to about 3,000tpm for the low demand, and the current manganese flake price is about 14,700/t (USD2,152/t) ex works.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.Asian Metal Copyright "I have some long-term orders signed with steel mills to fulfill, but generally speaking, the domestic market remains quiet with the low operating rate," said the source.Asian Metal Copyright "I have some long-term orders signed with steel mills to fulfill, but generally speaking, the domestic market remains quiet with the low operating rate," said the source.Asian Metal Copyright

 

The source does not sign any export order of manganese flake this week with the price of about USD2,750/t FOB China, but he is negotiating with a foreign customer about a long-term order of manganese lump 95%min, and wants to make the deal at about USD2,900/t FOB China main port.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.

Antimony ingot supply tight

7 Jul 10 – Sources revealed that antimony ingot supply is very tight in Chinese spot market.Asian Metal Copyright They raised their price to RMB53,000t ex works for antimony trioxide 99.Asian Metal Copyright Some antimony ingot exporters stopped offering and antimony trioxide producers are reluctant to accept new orders as they can not get antimony ingot.Asian Metal Copyright8%min at RMB53,000-54,000t ex works," remarked the source.Asian Metal Copyright

An antimony trioxide producer based in Guangxi, with an output of around 1,000tpm, reported that they sold tens of tons of antimony trioxide 99.Asian Metal Copyright8%min.Asian Metal Copyright8%min at RMB52,000-52,500/t ex works late last week.Asian Metal Copyright Another antimony trioxide producer based in Guangxi, who has an output of around 200tpm, confirmed that antimony ingot supply is very tight in domestic market, and told Asian Metal that their long-term suppliers in Hunan offered them RMB58,500-59,000t ex works for antimony ingot this week.Asian Metal Copyright They raised their price to RMB53,000/t ex works for antimony trioxide 99.Asian Metal Copyright Close sources reported to Asian Metal that some antimony ingot exporters suspend offering as they can not get the material in domestic market.Asian Metal Copyright8%min as antimony ingot price is rising.Asian Metal Copyright According to the source, two of the major antimony products producers in Hunan sold around 1,800t of antimony ingot to ease the pressure of capital turnover when the price was decreasing from RMB58,000t to RMB53,000t ex works in June.Asian Metal Copyright

"We mainly purchase high grade antimony ingot from Hunan to produce antimony trioxide 99.Asian Metal Copyright .Asian Metal Copyright8%min.Asian Metal Copyright "We mainly purchase high grade antimony ingot from Hunan to produce antimony trioxide 99.Asian Metal Copyright This week, our suppliers in Hunan raised their prices to RMB58,500-59,000/t ex works for antimony ingot, and they only sell limited amount to their long-term customers" said the source.Asian Metal Copyright The source turned down some orders from new consumers as they do not have much of antimony ingot at hand and can not get the material from their suppliers.Asian Metal Copyright The source turned down some orders from new consumers as they do not have much of antimony ingot at hand and can not get the material from their suppliers.Asian Metal Copyright An antimony trioxide producer based in Guangxi, with an output of around 1,000tpm, reported that they sold tens of tons of antimony trioxide 99.Asian Metal Copyright

Another antimony trioxide producer based in Guangxi, who has an output of around 200tpm, confirmed that antimony ingot supply is very tight in domestic market, and told Asian Metal that their long-term suppliers in Hunan offered them RMB58,500-59,000/t ex works for antimony ingot this week.Asian Metal Copyright According to the source, two of the major antimony products producers in Hunan sold around 1,800t of antimony ingot to ease the pressure of capital turnover when the price was decreasing from RMB58,000t to RMB53,000t ex works in June.Asian Metal Copyright "We sold antimony trioxide 99.Asian Metal Copyright8%min at RMB53,000-54,000t ex works," remarked the source.Asian Metal Copyright8%min at RMB53,000-54,000/t ex works," remarked the source.Asian Metal Copyright "We sold antimony trioxide 99.Asian Metal Copyright

According to the source, two of the major antimony products producers in Hunan sold around 1,800t of antimony ingot to ease the pressure of capital turnover when the price was decreasing from RMB58,000/t to RMB53,000/t ex works in June.Asian Metal Copyright8%min at RMB52,000-52,500t ex works late last week.Asian Metal Copyright "Many antimony ingot producers in Hunan do not have much of the material at hand, so they raise the prices crazily," said the source.Asian Metal Copyright "We mainly purchase high grade antimony ingot from Hunan to produce antimony trioxide 99.Asian Metal Copyright Additionally, Guangxi was hit by rainstorm during last month, and the output of antimony concentrate in Guangxi was affected to some extend.Asian Metal Copyright .Asian Metal Copyright Therefore, antimony ingot supply is tight in domestic market.Asian Metal Copyright Close sources reported to Asian Metal that some antimony ingot exporters suspend offering as they can not get the material in domestic market.Asian Metal Copyright

Close sources reported to Asian Metal that some antimony ingot exporters suspend offering as they can not get the material in domestic market.Asian Metal Copyright Therefore, antimony ingot supply is tight in domestic market.

Antimony ingot producer eager to buy antimony concentrate

8 Jul 10 – Antimony ingot producers reported that they are eager to buy in antimony concentrate as they received many orders, but do not have antimony concentrate in stock.Asian Metal Copyright Now the source holds around 2,000t of the material at hand.Asian Metal Copyright.Asian Metal Copyright "We sell around 100t or 200t of antimony ingot at a time," said the source, they seldom accept small orders.Asian Metal Copyright

A Yunnan-based antimony ingot producer told Asian Metal that they sold around 220t of antimony ingot 99.Asian Metal Copyright.Asian Metal Copyright85%min at RMB56,000-58,000/t ex works early this week, and have around 200t of the material at hand at present.Asian Metal Copyright Now the source holds around 2,000t of the material at hand.Asian Metal Copyright "We receive many orders this week, but do not have much of antimony concentrate to produce more antimony ingot, so we are eager to purchase antimony concentrate," said the source.Asian Metal Copyright The source thinks antimony ingot price will increase in the near future, and they hold not much of antimony concentrate, so they are eager to purchase antimony concentrate and accept RMB300-310mtu for antimony concentrate with 30%min antimony.Asian Metal Copyright

According to the source, they mainly purchase antimony concentrate with more than 30%min antimony, and accept cash payment if only the supplier supplies spot goods with good quality and large quantity.Asian Metal Copyright85%min at RMB56,000-58,000t ex works early this week, and have around 200t of the material at hand at present.Asian Metal Copyright

An antimony ingot producer based in Guangxi revealed that they offer RMB56,000-57,000/t ex works for antimony ingot 99.Asian Metal Copyright An antimony ingot producer based in Guangxi revealed that they offer RMB56,000-57,000t ex works for antimony ingot 99.Asian Metal Copyright65%min at present, and sold around 200t of the material at RMB55,000/t ex works early this week.Asian Metal Copyright Now the source holds around 2,000t of the material at hand.Asian Metal Copyright Now the source holds around 2,000t of the material at hand.Asian Metal Copyright "We sell around 100t or 200t of antimony ingot at a time," said the source, they seldom accept small orders.Asian Metal Copyright "We sell around 100t or 200t of antimony ingot at a time," said the source, they seldom accept small orders.Asian Metal Copyright "We sell around 100t or 200t of antimony ingot at a time," said the source, they seldom accept small orders.Asian Metal Copyright

The source thinks antimony ingot price will increase in the near future, and they hold not much of antimony concentrate, so they are eager to purchase antimony concentrate and accept RMB300-310/mtu for antimony concentrate with 30%min antimony.Asian Metal Copyright.

Antimony trioxide exporters suspend quoting

9 Jul 10 – Antimony trioxide exporters reported to Asian Metal that they suspend offering as they do not have the material at hand.Asian Metal Copyright "We just got 30t of antimony ingot 99.Asian Metal Copyright

A Guangdong-based antimony trioxide producer, with an output of around 400tpm, stated that they stopped offering as they do not have antimony trioxide in stock, and it is difficult to get antimony ingot in domestic market as many antimony ingot producers do not hold spot goods.Asian Metal Copyright "We just got 30t of antimony ingot 99.Asian Metal Copyright "We just got 30t of antimony ingot 99.Asian Metal Copyright Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source.Asian Metal Copyright85%min at RMB58,000/t ex works from a long-term supplier in Yunnan," said the source, revealing that antimony ingot price jumps this week.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – Antimony trioxide exporters reported to Asian Metal that they suspend offering as they do not have the material at hand.Asian Metal Copyright

According to the source, they exported around 100t of antimony trioxide during the last week of June, and the price was around USD7,500-7,600/t FOB China at that moment.Asian Metal Copyright "We had consumed our stock two weeks ago, but the price went up when we planned to buy in some antimony trioxide.Asian Metal Copyright However, antimony ingot price is so high now, if we hold antimony trioxide, then our offer will be above USD8,000/t FOB China.Asian Metal Copyright A Guangdong-based antimony trioxide producer, with an output of around 400tpm, stated that they stopped offering as they do not have antimony trioxide in stock, and it is difficult to get antimony ingot in domestic market as many antimony ingot producers do not hold spot goods.Asian Metal Copyright

Another source from a Guizhou-based antimony trioxide producer, with an export volume of more than 2,000tpy, revealed that they ceased offering as they do not have antimony trioxide at hand.Asian Metal Copyright A Guangdong-based antimony trioxide producer, with an output of around 400tpm, stated that they stopped offering as they do not have antimony trioxide in stock, and it is difficult to get antimony ingot in domestic market as many antimony ingot producers do not hold spot goods.Asian Metal Copyright "We had consumed our stock two weeks ago, but the price went up when we planned to buy in some antimony trioxide.Asian Metal Copyright Another source from a Guizhou-based antimony trioxide producer, with an export volume of more than 2,000tpy, revealed that they ceased offering as they do not have antimony trioxide at hand.Asian Metal Copyright Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source.Asian Metal Copyright Meanwhile, we used up our export quota for the first half of year, so did not replenish stock," said the source.Asian Metal Copyright

The source also claimed that they came to a supplier in Hunan for antimony ingot on Wednesday, but the supplier revealed that they did not have much spot material and just gave them 30t at RMB59,000/t ex works.Asian Metal Copyright The source also claimed that they came to a supplier in Hunan for antimony ingot on Wednesday, but the supplier revealed that they did not have much spot material and just gavethem 30t at RMB59,000t ex works.

Monday, June 21, 2010

Some ferromolybdenum producers still out of production

Though the ferromolybdenum price didn't go down further and the molybdenum market seems to be bottom out, many Chinese ferromolybdenum producers are still hesitant to resume production, preferring to watch for the market to become clear and stable.Asian Metal Copyright The source confirmed the stable price of ferromolybdenum 60% at RMB130,000t USD31.Asian Metal Copyright

 

With a production capacity of 6,000tpy, a Liaoning-based producer told Asian Metal that they have been out of production of ferromolybdenum for about two months and still have no intension to resume at the present.Asian Metal Copyright "The ferromolybdenum price may go up along with the raw material increasing, but it is still likely that the selling price of ferromolybdenum is lower than the real cost.Asian Metal Copyright

 

Holding more than 2 containers of molyoxide from a long contract in China ports, the source lamented that the cost of the materials is as high as USD17.Asian Metal Copyright" .Asian Metal Copyright00/lb.Asian Metal Copyright Another Shandong-based producer, with a production capacity of 200tpm, stopped the production of ferromolybdenumlast month and still has no plan to resume in the near term.Asian Metal Copyright "The domestic market remains rough," said the source.Asian Metal Copyright" .Asian Metal Copyright

 

Another Shandong-based producer, with a production capacity of 200tpm, stopped the production of ferromolybdenum last month and still has no plan to resume in the near term.Asian Metal CopyrightBEIJING Asian Metal 21 Jun 10 – Though the ferromolybdenum price didn't go down further and the molybdenum market seems to be bottom out, many Chinese ferromolybdenum producers are still hesitant to resume production, preferring to watch for the market to become clear and stable.Asian Metal Copyright The source confirmed the stable price of ferromolybdenum 60% at RMB130,000/t (USD31.Asian Metal CopyrightBEIJING Asian Metal 21 Jun 10 – Though the ferromolybdenum price didn't go down further and the molybdenum market seems to be bottom out, many Chinese ferromolybdenum producers are still hesitant to resume production, preferring to watch for the market to become clear and stable.Asian Metal Copyright72/kg Mo) but added that there was still no profit margin left for them.Asian Metal Copyright The source confirmed the stable price of ferromolybdenum 60% at RMB130,000t USD31.Asian Metal Copyright

 

"Many Chinese ferromolybdenum producers are still out of production," said the source.Asian Metal Copyright Another Shandong-based producer, with a production capacity of 200tpm, stopped the production of ferromolybdenumlast month and still has no plan to resume in the near term.Asian Metal Copyright "The ferromolybdenum price may go up along with the raw material increasing, but it is still likely that the selling price of ferromolybdenum is lower than the real cost.Asian Metal Copyright "The ferromolybdenum price may go up along with the raw material increasing, but it is still likely that the selling price of ferromolybdenum is lower than the real cost.Asian Metal Copyright"

Chinese ferromolybdenum producers still watching

As the molybdenum price is moving up in overseas market, Chinese ferromolybdenum producers stopped lowering offers these days.Asian Metal Copyright The source always participates in the tenders held by major Chinese steel mills, disclosing that they are producing the materials booked by Baosteel last week.Asian Metal Copyright While some Chinese producers are still out of production, watching and waiting for a workable price, and the mainstream price is indicating at RMB130,000/t (USD31.Asian Metal Copyright The source always participates in the tenders held by major Chinese steel mills, disclosing that they are producing the materials booked by Baosteel last week.Asian Metal Copyright72/kg Mo) for ferromolybdenum 60% for the moment.Asian Metal Copyright "Though we import molyoxide by long-term contract for production, the profit of selling ferromolybdenum at RMB130,000t USD31.Asian Metal Copyright

 

A Liaoning-based producers with a production capacity of 400-500tpm told Asian Metal that they didn't make offers for ferromolybdenum in the past weeks on account of low concluded prices.Asian Metal Copyright72kg Mo remains thin," said the source, who prefers to watch for another week.Asian Metal Copyright

 

"Though we import molyoxide by long-term contract for production, the profit of selling ferromolybdenum at RMB130,000/t (USD31.Asian Metal Copyright72kg Mo for ferromolybdenum 60% for the moment.Asian Metal Copyright72/kg Mo) remains thin," said the source, who prefers to watch for another week.Asian Metal Copyright A Liaoning-based producers with a production capacity of 400-500tpm told Asian Metal that they didn't make offers for ferromolybdenum in the past weeks on account of low concluded prices.Asian Metal Copyright

 

Another Henan-based producer with a production capacity of 8,000tpy didn't make offers for ferromolybdenum in spot market these days either.Asian Metal Copyright72kg Mo remains thin," said the source, who prefers to watch for another week.Asian Metal Copyright The source always participates in the tenders held by major Chinese steel mills, disclosing that they are producing the materials booked by Baosteel last week.Asian Metal Copyright AnotherHenan-based producer with a production capacity of 8,000tpy didn't make offers for ferromolybdenum in spot market these days either.Asian Metal Copyright

 

Moreover, many Chinese special steel mills, who usually buy 20-50t of ferromolybdenum every month, claims that they still have enough inventories of the material in stock as they are overhauling, so the latest purchase should happen next week or later.Asian Metal Copyright .

Manganese flake market still in thin trading

It is reported that manganese flake market is still pretty thin, though manganese flake price increased a little before the Dragon Boat Festival in China.Asian Metal CopyrightBEIJING Asian Metal 18 Jun 10 - It is reported that manganese flake market is still pretty thin, though manganese flake price increased a little before the Dragon Boat Festival in China.Asian Metal Copyright Many stainless steel mills have been out of production and most manganese flake consumers do not want to buy any more at the moment.Asian Metal Copyright "Many steel mills halted production, and I don't want to replenish stocks any more in the coming days for no new order on hand," shared the source, claiming that the manganese flake price is about RMB14,500t USD2,123t ex works.Asian Metal Copyright

 

A source from a Hunan-based manganese flake smelter, who decreased the monthly output to 3,000t from 4,500t, revealed to Asian Metal that manganese flake price is in the range of RMB14,500-14,600/t (USD2,123-2,138/t) ex works, and the domestic market still does not see more deals.Asian Metal Copyright Putting about RMB15,400t USD2,255t ex works for manganese lump, he does not sign any order this week.Asian Metal Copyright "The powder price rising can push up the manganese flake price a bit, and it is expected that the market may see more deals after the festival," said the source.Asian Metal Copyright According to the source, though powder price increasing in Hunan pushed up the manganese flake price a bit, downstream consumers are still watching the market instead of replenishing stocks.Asian Metal Copyright

 

Offering USD2,700-2,750/t FOB China for manganese flake now, the source complained that there are still lots of materials available in Rotterdam warehouse, and only few inquiries from overseas market are received.Asian Metal Copyright "Many steel mills halted production, and I don't want to replenish stocks any more in the coming days for no new order on hand," shared the source, claiming that the manganese flake price is about RMB14,500t USD2,123t ex works.Asian Metal Copyright

 

With an output of about 2,000tpm of manganese lump and ferromanganese, another source in Hunan province disclosed to Asian Metal that he will decrease the output when he concludes the orders signed before.Asian Metal Copyright "The powder price rising can push up the manganese flake price a bit, and it is expected that the market may see more deals after the festival," said the source.Asian Metal Copyright "Many steel mills halted production, and I don't want to replenish stocks any more in the coming days for no new order on hand," shared the source, claiming that the manganese flake price is about RMB14,500/t (USD2,123/t) ex works.Asian Metal Copyright A source from a Hunan-based manganese flake smelter, who decreased the monthly output to 3,000t from 4,500t, revealed to Asian Metal that manganese flake price is in the range of RMB14,500-14,600t USD2,123-2,138t ex works, and the domestic market still does not see more deals.Asian Metal Copyright

 

According to the source, though powder price increasing in Hunan pushed up the manganese flake price a bit, downstream consumers are still watching the market instead of replenishing stocks.Asian Metal CopyrightBEIJING Asian Metal 18 Jun 10 - It is reported that manganese flake market is still pretty thin, though manganese flake price increased a little before the Dragon Boat Festival in China.Asian Metal Copyright Putting about RMB15,400/t (USD2,255/t) ex works for manganese lump, he does not sign any order this week.Asian Metal CopyrightBEIJING Asian Metal 18 Jun 10 - It is reported that manganese flake market is still pretty thin, though manganese flake price increased a little before the Dragon Boat Festival in China.