Producers reported to Asian Metal that antimony trioxide market moves slowly. Buyers are not active to make purchases owing to price increase of antimony trioxide, while sellers are reluctant to sell at lower price.
A producer in Guangdong claimed that she kept her offer at around RMB98,500/t (USD15,038/t) ex works for antimony trioxide 99.8%min, and the same as that in last week. While she just sold around 30t in the past ten days.
The source produces around 300t of antimony trioxide every month and holds around 200t in stock now. She predicts that antimony trioxide price will continue to increase slightly in the following week. "I can't see any motivations which will drive antimony trioxide price to decrease in early April," said the source.
A major producer in Hunan with an output of around 400tpm revealed that he sold less than 10t of antimony trioxide 99.8%min at RMB98,000/t (USD14,961/t) ex works on Monday. Currently, he has 260t of antimony trioxide in stock, and he isn't ready to purchase antimony ingot to continue production as he thinks antimony trioxide price cannot hold firm for a long time.
The source stated that it is hard to conclude deals because buyers are not willing to make purchases due to the increasing price in antimony trioxide market. "I am not eager to sell as I don't have much antimony trioxide inventory," he said.
Tuesday, April 5, 2011
Indonesian antimony trioxide market holds firm
BEIJING (Asian metal) 30 Mar 11 – Indonesia antimony trioxide price keeps going up owing to the price hike in international antimony market, especially in Chinese antimony market.
A consumer in Indonesia remarked that offers he got in the range of USD14,800-15,400/t CIF Jakarta for 20t of flame retardant antimony trioxide 99.5%min in previous days, but he has adequate stock for three weeks' production now, so he did not prepare to make purchase at this moment.
The source consumers around 20 tons of antimony trioxide every month and has bought 30t in late February. "I heard that smelters in Lengshuijiang area are going to resume production in April," said the source, doubting if the price will go down by then.
A trader based in Indonesia confirmed that antimony trioxide price goes up. "Chinese suppliers offered me in a wide range of USD14,900-15,500/t CIF Jakarta," said the source. "I sold 1t at USD20,000/t in local market in previous day."
The source deals about 7-8t of antimony trioxide in the past months and holds 10t in stock. According to the source, he watches the market and is not eager to make replacement or sales.
A consumer in Indonesia remarked that offers he got in the range of USD14,800-15,400/t CIF Jakarta for 20t of flame retardant antimony trioxide 99.5%min in previous days, but he has adequate stock for three weeks' production now, so he did not prepare to make purchase at this moment.
The source consumers around 20 tons of antimony trioxide every month and has bought 30t in late February. "I heard that smelters in Lengshuijiang area are going to resume production in April," said the source, doubting if the price will go down by then.
A trader based in Indonesia confirmed that antimony trioxide price goes up. "Chinese suppliers offered me in a wide range of USD14,900-15,500/t CIF Jakarta," said the source. "I sold 1t at USD20,000/t in local market in previous day."
The source deals about 7-8t of antimony trioxide in the past months and holds 10t in stock. According to the source, he watches the market and is not eager to make replacement or sales.
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. More and more purchasers reported to Asian Metal that they can not get the material in spot market.
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 99.65%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.
"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.
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 99.65%min at RMB80,000/t (USD12,048/t) delivered early this week. "Supply tightens in domestic market, so we sell small amount every time," remarked the source.
According to the source, most of producers do not have spot m
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 99.65%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.
"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.
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 99.65%min at RMB80,000/t (USD12,048/t) delivered early this week. "Supply tightens in domestic market, so we sell small amount every time," remarked the source.
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.
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. The source claimed that he quoted around RMB73,000-74,000/t (USD10,994-11,144/t) ex works for antimony trioxide 99.8%min, RMB1,000/t (USD150/t) higher than that in late last week.
The source sold around 10t of antimony trioxide 99.8%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. "Therefore, we receive orders normally, but the trading volume reduces," said the source.
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. "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.
The source is short of antimony ingot, and holds 20t of antimony trioxide 99.5%min and 60t of antimony trioxide 99.8%min in stock at present.
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. The source claimed that he quoted around RMB73,000-74,000/t (USD10,994-11,144/t) ex works for antimony trioxide 99.8%min, RMB1,000/t (USD150/t) higher than that in late last week.
The source sold around 10t of antimony trioxide 99.8%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. "Therefore, we receive orders normally, but the trading volume reduces," said the source.
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. "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.
The source is short of antimony ingot, and holds 20t of antimony trioxide 99.5%min and 60t of antimony trioxide 99.8%min in stock at present.
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 99.99%min getting higher to RMB125,000/t (USD8.37/lb), around RMB500/t (USD0.033/lb) higher than that of last week.
A major bismuth consumer in China reported that they totally bought around 20t of bismuth 99.99%min at RMB123,000/t (USD8.24/lb) last Thursday, while they purchased 10t of the material at RMB121,500/t (USD8.12/lb) last Monday. "I heard that the offers for bismuth ingot increase to RMB125,000-126,000/t (USD8.37-8.44/lb) this week, and I think deals will be concluded at the level soon," said the source.
A bismuth producer in China told Asian Metal that their selling price for bismuth 99.99%min increased from RMB123,000/t (USD8.24/lb) of early last week to RMB124,500/t (USD8.34/lb) on last Friday and the offers in the market keep rising to RMB125,000-126,000/t (USD8.37-8.44/lb) this week. "We received several inquiries this Monday and could conclude deals of bismuth 99.99%min at RMB125,000/t (USD8.37/lb) ex works," said the source. "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."
With an output of around 60tpm for bismuth 99.99%min, the factory now has less than ten tons of stock. "Many suppliers are holding back from selling materials at the moment," added the source.
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.
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. "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.
The source revealed that electrolytic calcium export market remains flat, since some buyers in Europe are on holiday. "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.
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. "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.
The source analyzed that steel plants are enduring hardship, and they try their best to lower production cost. "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.
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. "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.
The source revealed that electrolytic calcium export market remains flat, since some buyers in Europe are on holiday. "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.
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. "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.
The source analyzed that steel plants are enduring hardship, and they try their best to lower production cost. "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.
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.
A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.65%min at RMB65,000/t (USD9.573/t) ex works at the beginning of this week. The source has not planed to release more materials from stock in view of higher offers in the market. 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.
"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.
The source revealed that they are also out of production for anti-environment performance and when will be able to restart is still unknown. "Perhaps in October," the source added.
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.
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. "In view of current situation, we would not sell antimony ingot at below RMB68,000/t (USD10,015/t) ex works," said the source.
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. Smelter closures in Lengshuijiang continue, and some of those based in other producing areas also reduced or stopped production for maintenance recently. Therefore, antimony ingot supply turns tighter. Besides, the market is still seeing a shortage of antimony concentrate, leaving some antimony ingot producers in trouble with production.
With its own mine, the source maintains an output of around 300tpm of antimony ingot. 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.
A Hunan-based producer ceased offering since he sold around 20t of antimony ingot 99.65%min at RMB65,000/t (USD9.573/t) ex works at the beginning of this week. The source has not planed to release more materials from stock in view of higher offers in the market. 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.
"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.
The source revealed that they are also out of production for anti-environment performance and when will be able to restart is still unknown. "Perhaps in October," the source added.
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.
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. "In view of current situation, we would not sell antimony ingot at below RMB68,000/t (USD10,015/t) ex works," said the source.
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. Smelter closures in Lengshuijiang continue, and some of those based in other producing areas also reduced or stopped production for maintenance recently. Therefore, antimony ingot supply turns tighter. Besides, the market is still seeing a shortage of antimony concentrate, leaving some antimony ingot producers in trouble with production.
With its own mine, the source maintains an output of around 300tpm of antimony ingot. 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.
Subscribe to:
Posts (Atom)
