Bolivian antimony producers to increase prices

27 Apr 10 – Producers of antimony concentrate and trioxide in Bolivia report that as a result of the international increase in antimony prices, they too, are starting to increasing their offering price for material this month.Asian Metal CopyrightPITTSBURGH Asian Metal 27 Apr 10 – Producers of antimony concentrate and trioxide in Bolivia report that as a result of the international increase in antimony prices, they too, are starting to increasing their offering price for material this month.Asian Metal Copyright Antimony concentrate 65%min producers are currently quoting material at USD7,000/t FOB Arica and at about USD8,000/t FOB for antimony trioxide.Asian Metal Copyright 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.Asian Metal Copyright

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.Asian Metal CopyrightPITTSBURGH Asian Metal 27 Apr 10 – Producers of antimony concentrate and trioxide in Bolivia report that as a result of the international increase in antimony prices, they too, are starting to increasing their offering price for material this month.Asian Metal Copyright" 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.Asian Metal Copyright Antimony concentrate 65%min producers are currently quoting material at USD7,000t FOB Arica and at about USD8,000t FOB for antimony trioxide.Asian Metal Copyright

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.Asian Metal Copyright 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.Asian Metal Copyright 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.Asian Metal Copyright 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.Asian Metal Copyright

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.Asian Metal Copyright Currently, the source is negotiating a 20t tender with a buyer in the US, and speculates that the deal will close at about USD7, 050t CIF California by the end of the week.Asian Metal Copyright

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.Asian Metal CopyrightPITTSBURGH Asian Metal 27 Apr 10 – Producers of antimony concentrate and trioxide in Bolivia report that as a result of the international increase in antimony prices, they too, are starting to increasing their offering price for material this month.