Antimony trioxide exporters reported to Asian Metal that antimony trioxide export market sees few deals as demand from overseas market becomes weak owing to the high price and some customers decreased their purchasing volume.
A Guangdong-based exporter who produces around 100tpm of antimony trioxide revealed that they offer USD15,100/t FOB China for antimony trioxide 99.8%min at this moment, and has not concluded any deals for almost three weeks. The source just exported 50t of antimony trioxide in February and said :" The antimony trioxide market moved slowly in the past month,"
According to the source, he got several inquiries in the past weeks, but no buyers placed orders after he quoted to them. "Overseas buyers are waiting for the price decrease," said the source. "Unless that they are eager to buy."
A Hunan-based exporter claimed that he offers USD14,900-15,200/t FOB China for antimony trioxide 99.8%min this week, unchanged compared to that late last week. "Demand from overseas market was weak as some antimony trioxide price hiked in the past month," said the source, revealing that he is selling small amount to regular customers.
The source revealed that he sells better in domestic market than in export market, and the closing price in domestic market is around RMB97,000-100,000/t (USD14,800-15,267/t).
Tuesday, April 5, 2011
Antimony trioxide market moves slowly
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.
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.
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.
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