Tuesday, April 27, 2010
Bolivian antimony producers to increase prices
A producer of antimony concentrate based in La Paz, disclosed with Asian Metal, that the demand for antimony material from international consumers has certainly increased over the past month as "every market participant tries to find the better deal available currently . " The trader added that he shipped a container full of antimony concentrate 65%min to a client in London last Thursday and that the sale was finalized at USD7, 000/t FOB Arica .
Another producer of antimony concentrate based in Oruro, agreed that the international demand for antimony in general has seen a steady increase over the past month . The sources said that currently "We are in the process of adjusting our prices in accordance to the latest international trends," and added that it is very likely that major producers in the Bolivian market will follow suit in increasing offering prices .
Currently, the source is negotiating a 20t tender with a buyer in the US, and speculates that the deal will close at about USD7, 050/t CIF California by the end of the week .
A producer of antimony trioxide, agreed with the general view that prices are increasing and that he will be increasing offers for his May production closer to USD8, 000/t from its previous USD7, 200-7,500/t FOB Arica .
Supply Antimony Trioxide Twinkling Star Brand in regular
Origin: China
Quantity (MT): 40-100mt in regular
FOB Price: USD8700/MT
Loading Port: Huangpu,port,China.
Specifications:
SB2O3: 99.5% min,PB: 0.1% max,AS: 0.06% max,FE: 0.06% max,CU: 0.06% max,SE: 0.005%max
Size: 0,5-0.9um
Packing: 25kg bags of 1MT each
Date Posted: 27th,April,2010
Price and availability subject to confirmation. This price quoted supersedes all previous prices.
CNF prices also available,please email us for further details:samjiefu@gmai.com
Tuesday, April 20, 2010
Re: Supply Antimony Trioxide Twinkling Star Brand in regular
Origin: China
Quantity (MT): 40-100mt in regular
FOB Price: USD7700/MT
Loading Port: Huangpu,port,China.
Specifications:
SB2O3: 99.5% min,PB: 0.1% max,AS: 0.06% max,FE: 0.06% max,CU: 0.06% max,SE: 0.005%max
Size: 0,5-0.9um
Packing: 25kg bags of 1MT each
Date Posted: 20th,April, 2010
Price and availability subject to confirmation. This price quoted supersedes all previous prices.
CNF prices also available,please email us for further details:samjiefu@gmai.com
Sunday, April 18, 2010
Antimony trioxide price hikes
A Guangxi-based antimony trioxide producer disclosed that he sold 20t of antimony trioxide at RMB55,000/t (USD8,053/t) ex works to his regular clients on Tuesday.Asian Metal Copyright A Guangxi-based antimony trioxide producer disclosed that he sold 20t of antimony trioxide at RMB55,000t USD8,053t ex works to his regular clients on Tuesday.Asian Metal Copyright Then in order to fulfill those signed contracts, he bought 50t of antimony ingot at RMB58,000/t (USD8,492/t) delivered to replenish stock on Thursday.Asian Metal Copyright An experienced Guangdong-based antimony trioxide producer booked 50t of antimony ingot last Wednesday from a long-term supplier in Hunan province.Asian Metal Copyright
He said the profit is deceasing due to antimony ingot price rising.Asian Metal Copyright A Guangxi-based antimony trioxide producer disclosed that he sold 20t of antimony trioxide at RMB55,000t USD8,053t ex works to his regular clients on Tuesday.Asian Metal Copyright Deals concluded are fewer than last week, so he predicts antimony trioxide price won't keep going up for a long time.Asian Metal Copyright Profit is very limited.Asian Metal Copyright
An experienced Guangdong-based antimony trioxide producer booked 50t of antimony ingot last Wednesday from a long-term supplier in Hunan province.Asian Metal Copyright Then in order to fulfill those signed contracts, he bought 50t of antimony ingot at RMB58,000t USD8,492t delivered to replenish stock on Thursday.Asian Metal Copyright He said, "The closing price for antimony ingot is around RMB58,000-59,000/t (USD8,492-8,638/t) ex works now.Asian Metal Copyright In other words, the amount of smelters will decease, but the total output in Lengshuijiang area won't change, so the price of antimony trioxide won't break through RMB65,000t USD9,517tex works," He said.Asian Metal Copyright We offer RMB55,000/t (USD8,053/t) ex works for antimony trioxide.Asian Metal Copyright He said the profit is deceasing due to antimony ingot price rising.Asian Metal Copyright Profit is very limited.Asian Metal Copyright .Asian Metal Copyright"
He predicts the smelters will start production in around mid-May in Lengshuijiang area, and anticipates the highest price will be around RMB62,000-63,000/t (USD9,078-9,224/t) ex works for antimony trioxide.Asian Metal Copyright" He predicts the smelters will start production in around mid-May in Lengshuijiang area, and anticipates the highest price will be around RMB62,000-63,000t USD9,078-9,224t ex works for antimony trioxide.Asian Metal Copyright
"After the environmental checkup some small smelters will be integrated into big one, and begin production.Asian Metal Copyright Market participants predict antimony trioxide price won't break through RMB65,000t USD9,517t ex works.Asian Metal Copyright In other words, the amount of smelters will decease, but the total output in Lengshuijiang area won't change, so the price of antimony trioxide won't break through RMB65,000/t (USD9,517/t) ex works," He said.Asian Metal Copyright A Guangxi-based antimony trioxide producer disclosed that he sold 20t of antimony trioxide at RMB55,000t USD8,053t ex works to his regular clients on Tuesday.
manganese flake market keeps soft
A Hunan-based manganese flake smelter, with an output of 4,500tpm, revealed to Asian Metal that manganese flake price rose to RMB16,000/t (USD2,343/t) ex works, and he is just fulfilling some orders signed early this month, and does not make any deals at current price, for there is no stocks on hand.Asian Metal Copyright "I signed an order of over 1,000t with a steel mill three weeks ago, and am out of stock.Asian Metal Copyright "Meanwhile, although smelters are reluctant to sell at below RMB16,000/t (USD2,343/t) ex works, consumers are unwilling to accept the price to replenish stock for now," said the source.Asian Metal Copyright Meanwhile, the smelters in Huayuan County have not resumed yet, but the supply is not tight with the weak demand.Asian Metal Copyright
Offering USD2,900/t FOB for manganese flake now, the source does not receive any inquiries from overseas market these days, and no deals are finalized.Asian Metal Copyright A manganese flake smelter in Hubei province, with an output of about1,600tpm, reported to Asian Metal that manganese flake price is in the range of RMB15,800-16,000t USD2,313-2,343t ex works, and the Chinese market keeps soft with only few deals finalized.Asian Metal Copyright The weak demand from overseas market has not recovered, and for the firm production cost and the thin profit, manganese smelters don't want to sell at a lower price.Asian Metal Copyright "Meanwhile, although smelters are reluctant to sell at below RMB16,000t USD2,343t ex works, consumers are unwilling to accept the price to replenish stock for now," said the source.Asian Metal Copyright
A manganese flake smelter in Hubei province, with an output of about1,600tpm, reported to Asian Metal that manganese flake price is in the range of RMB15,800-16,000/t (USD2,313-2,343/t) ex works, and the Chinese market keeps soft with only few deals finalized.Asian Metal Copyright "Meanwhile, although smelters are reluctant to sell at below RMB16,000t USD2,343t ex works, consumers are unwilling to accept the price to replenish stock for now," said the source.Asian Metal Copyright "I signed an order of over 1,000t with a steel mill three weeks ago, and am out of stock.Asian Metal Copyright Meanwhile, the smelters in Huayuan County have not resumed yet, but the supply is not tight with the weak demand.Asian Metal Copyright Though smelters in Huayuan County halted production, the supply in Chinese market is not tight," said the source.Asian Metal Copyright Offering USD2,900t FOB for manganese flake now, the source does not receive any inquiries from overseas market these days, and no deals are finalized.Asian Metal Copyright
According to the source, the inquiries from consumers increased obviously early this week when manganese flake price started to move up quickly, but the market becomes quiet now.Asian Metal Copyright Offering USD2,900t FOB for manganese flake now, the source does not receive any inquiries from overseas market these days, and no deals are finalized.Asian Metal Copyright Meantime, the demand from overseas market is still weak, and no export deals are finalized with the offer of USD2,900/t FOB of manganese flake.Asian Metal Copyright Meantime, the demand from overseas market is still weak, and no export deals are finalized with the offer of USD2,900t FOB of manganese flake.
Antimony trioxide,antimony ingot products prices keep rising on tight supply
A Chongqing-based trader reported that he booked 5t of antimony trioxide from a Yunnan producer at RMB48,500/t (USD7,101/t) ex works at the end of last week, but he hasn't got the products until now, because the producer doesn't have enough antimony trioxide in stock.Asian Metal Copyright He said, "The products will be delivered at the end of this week" Seeing that supply of antimony products are so tight in the spot market, he predicts the price of antimony ingot will rise to RMB70,000t USD10,249t ex works.Asian Metal Copyright He said, "The products will be delivered at the end of this week"
Seeing that supply of antimony products are so tight in the spot market, he predicts the price of antimony ingot will rise to RMB70,000/t (USD10,249/t) ex works.Asian Metal Copyright He learned that the government has introduced some new policies to regulate antimony market in Guangxi province.Asian Metal Copyright
A Guangxi-based producer disclosed that he quoted RMB50,000/t (USD7,321/t) ex works for antimony trioxide on Wednesday, higher than that on Tuesday, but no deal has been concluded at that price so far.Asian Metal Copyright A Chongqing-based trader reported that he booked 5t of antimony trioxide from a Yunnan producer at RMB48,500t USD7,101t ex works at the end of last week, but he hasn't got the products until now, because the producer doesn't have enough antimony trioxide in stock.Asian Metal Copyright
He learned that the government has introduced some new policies to regulate antimony market in Guangxi province.Asian Metal Copyright A Chongqing-based trader reported that he booked 5t of antimony trioxide from a Yunnan producer at RMB48,500t USD7,101t ex works at the end of last week, but he hasn't got the products until now, because the producer doesn't have enough antimony trioxide in stock.Asian Metal Copyright Then some small smelters will be forced to stop production.Asian Metal CopyrightBEIJING Asian Metal 15 Apr 10 – Though many consumers said that antimony products prices are unacceptably high in spot market, the offering prices are still keeping rising owing to tight supply.Asian Metal Copyright The supply of antimony products will be tighter, so he predicts antimony products prices will keep rising.Asian Metal Copyright He learned that the government has introduced some new policies to regulate antimony market in Guangxi province.Asian Metal Copyright
Friday, April 16, 2010
Chinese Iron Ore Imports May Rise 47%, Kumba Says (Update2)
JOHANNESBURG, Apr. 16 -- Chinese imports of iron ore by sea may rise 47 percent this year compared with 2008 levels as steel production increases and domestic output of the raw material falls, Johannesburg-based Kumba Iron Ore Ltd. said.
"There is strong demand in China, Japan and Korea," Chief Executive Officer Chris Griffith said today at the Sishen mine in South Africa. That may counter weaker demand in the "next couple of quarters" in Europe, where consumers have built up stockpiles on expectations of rising iron ore prices, he said.
Production of ore in China, the world's largest buyer of the steelmaking ingredient, may drop 5 percent this year from 2008, according to Kumba. Rio Tinto Group, the second-largest iron-ore exporter, said it's boosting output of the material to take advantage of higher prices and increased Chinese demand, today forecasting an 8 percent gain in 2010 production.
Kumba, Africa's largest iron ore producer, plans exports of about 47 million metric tons a year by 2013 and production of 70 million tons by 2019, from about 42 million tons in 2009, the company said in a presentation posted on parent company Anglo American Plc's Web site. Unit costs may increase 15 percent in 2010 as wages and fuel prices rise, Griffith said.
Kumba rose 4.10 rand, or 1.1 percent, to 380 rand by the close of Johannesburg trading, valuing the company at 122.2 billion rand ($16.7 billion).
Thursday, April 8, 2010
antimony trioxide,antimony ingot prices remain high with no relief in sight
A trader based in New York reported that demand is "very strong" and that the current prices will remain at the higher end of the pricing scheme at least through the end of April. "I do not anticipate a price softening trend at least through the beginning of the summer."
The source disclosed that prices for antimony metal 99.65%min remain strong at about USD7, 400/t domestically, and there are some deals being concluded currently as high as USD7, 900/t for immediate release.
Another trader based in Houston, who caters to consumers in the Latin American market, said that the prices for antimony metal are "soaring" and that he does not expect to a short-term depreciation "The demand for the material remains strong, and the current closure of major smelters for environmental checkups is certainly driving prices up as anxious traders and consumers seek to secure material."
The source disclosed that he is currently procuring a 20t tender of high-grade antimony metal 99.85%min and that he has received "exorbitant" quotations from Chinese traders in the USD8,800-9,000/t CIF Callao, PerĂº.
The source said that his last concluded purchase of 20t of antimony metal 99.85%min was finalized in early February at USD7,500/t CIF Callao.
Supply Antimony Trioxide Twinkling Star Brand in regular
Origin: China
Quantity (MT): 40-100mt in regular
FOB Price: USD7400/MT
Loading Port: Huangpu,port,China.
Specifications:
SB2O3: 99.5% min,PB: 0.1% max,AS: 0.06% max,FE: 0.06% max,CU: 0.06% max,SE: 0.005%max
Size: 0,5-0.9um
Packing: 25kg bags of 1MT each
Date Posted: April,08,2010
Price and availability subject to confirmation. This price quoted supersedes all previous prices.
CNF prices also available,please email us for further details:samjiefu@gmai.com
Monday, April 5, 2010
Antimony trioxide prices soaring
A Hunan-based producer raised offer to RMB43,500/t (USD6,369/t) ex works on Thursday from previous RMB43,000/t (USD6,296/t) ex works seen on Tuesday while his offer was only at around RMB41,500/t ex works at the beginning of last week. "Many buyers came to us for materials but we could not serve all the orders," said the source. The source only sold less than 30t in total to some regular customers at prices ranging RMB43,000-43,500/t (USD6,296-6,369/t) ex works. Considering the fact that there is almost no antimony ingot in the spot market, the source decides to stop offering.
According to the source, almost all antimony ingot producers hold back from selling the material, and thus antimony trioxide producers will have no raw material for production. The smelter, with a production capacity of 300tpm, has only produced around 200t of antimony trioxide since it resumed production in late February. "Our stocks of antimony ingot are running out, but we failed to replenish stocks, so we might have to stop production soon," said the source.
A Guangdong-based trader retailed some antimony trioxide at RMB43,500-44,000/t (USD6,396-6,442/t) delivered on Thursday and plans to raise offer to RMB45,000/t (USD6,589/t) delivered today.
"Like many other traders, our inventories are running low but we it's rather hard to replenish stocks now, so we're unwilling to sell the material on hand," said the source. However, the source reported that consumers are making panic purchase, for fear that the price might rise further. Not only Chinese end users but also overseas buyers are scrambling for materials. "The antimony price is bound to go up further, and no one knows when the price will touch the ceiling," said the source.