19 Oct 09 – Prices for antimony continue on the rise this week as participants report purchases completed last week in the USD5,700-USD5,800/t for antimony trioxide 99.5%min of Chinese origin. Participants anticipate that the price for antimony trioxide will reach the USD6,000/t mark by the end of the month as the effect of the Twinkling Star production stand-still for safety inspections begins to affect product availability.
Asianmetal(English) http://www.asianmetal.com FE4Q
A California-based trader, who moves about a container of antimony products a month, confirmed that the prices for antimony products are on the rise. The trader said that he purchased a container of antimony trioxide 99.5%min from a Chinese source late last week at USD5,800/t CIF California, for late November delivery. He stated that his previous purchase of a container of antimony trioxide 99.5%min was concluded at about USD5,200/t CIF California in early September.
Asianmetal(English) http://www.asianmetal.com 58P1
"The prices for antimony products have increased a lot since news of the mining accident two weeks ago. I expect prices to continue its upward trend well into November as the effects of the mine and smelter closures in Hunan begin to affect the availability of antimony products," said the source.
Asianmetal(English) http://www.asianmetal.com 55P5
A California-based consumer in the chemical industry, with a monthly consumption of one container of antimony trioxide a month, signed a contract for a container of antimony trioxide 99.5%min early last week at USD5,750/t CIF California also for November delivery. The buyer disclosed that the price for antimony has increased by about USD4,00/t since his last purchase was finalized in September. At this time, he does not expect the price to stabilize until the end of the year.
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