Antimony trioxide market keeps quiet

BEIJING (Asian Metal) 3 Aug 10 – Market participants reported to Asian Metal that antimony trioxide market keeps stable as end-users expect lower price and grudge making purchase when price is dipping.Asian Metal Copyright The source disclosed that they hold around 10t of antimony trioxide in stock, without antimony ingot inventory.Asian Metal Copyright

A producer from Hunan, with an output of 100tpm, reported that the market runs quietly as antimony trioxide price is dipping with few deals concluded.Asian Metal Copyright".Asian Metal Copyright The source disclosed that they hold around 10t of antimony trioxide in stock, without antimony ingot inventory.Asian Metal Copyright".Asian Metal Copyright "Hope antimony ingot price to go down further, then we will buy in the material to produce antimony trioxide," said the source.Asian Metal Copyright "The price should not drop in the second half of this year, for the demand increases in line with recovery of global economy.Asian Metal Copyright "The acceptable price for antimony ingot is RMB57,000-58,000/t ex works for us.Asian Metal Copyright "Global economy was weak in the first half of year, so it dose not have motivation for plastic price to increase.Asian Metal Copyright"

According to the source, antimony trioxide price will not decrease fast like it happened in June as antimony ingot supply remains tight.Asian Metal Copyright Antimony trioxide price is twice of that early this year, and our cost rises fast, so we reduce our usage," said the source.Asian Metal Copyright "Due to the weak demand in summer season, antimony trioxide producers and traders decrease their prices to stimulate the market and increase sales volume," stated the source.Asian Metal Copyright "The acceptable price for antimony ingot is RMB57,000-58,000t ex works for us.Asian Metal Copyright 

An end user, with a purchase quantity of 30tpy of antimony trioxide, revealed that they mainly purchase antimony trioxide 99.Asian Metal Copyright5% as fire retardant when they produce plastic.Asian Metal Copyright5% as fire retardant when they produce plastic.Asian Metal Copyright "Due to the weak demand in summer season, antimony trioxide producers and traders decrease their prices to stimulate the market and increase sales volume," stated the source.Asian Metal Copyright "Global economy was weak in the first half of year, so it dose not have motivation for plastic price to increase.Asian Metal Copyright".Asian Metal Copyright Antimony trioxide price is twice of that early this year, and our cost rises fast, so we reduce our usage," said the source.Asian Metal Copyright".Asian Metal Copyright

"The market keeps inactive for the moment, but antimony trioxide price will rebound late August as many market participants in Europe come back to the market from their holiday," said the source.Asian Metal Copyright "Due to the weak demand in summer season, antimony trioxide producers and traders decrease their prices to stimulate the market and increase sales volume," stated the source.Asian Metal Copyright "The price should not drop in the second half of this year, for the demand increases in line with recovery of global economy.Asian Metal Copyright "Global economy was weak in the first half of year, so it dose not have motivation for plastic price to increase.Asian Metal Copyright"

antimony trioxide market inactive

BEIJING (Asian Metal) 4 Aug 10 –According to participants in Japan, low trading activity in antimony trioxide market is essentially caused by resistance to high price and low demand, with the offer in the range of USD8,500/t CIF Japanese main ports.Asian Metal Copyright The source thinks that antimony trioxide price dips as demand is weak in summer season and customers can not accept the price.Asian Metal Copyright

A Japanese trader, who operates around 40tpm of antimony trioxide every month, claimed that demand is weak in Japan.Asian Metal CopyrightBEIJING Asian Metal 4 Aug 10 –According to participants in Japan, low trading activity in antimony trioxide market is essentially caused by resistance to high price and low demand, with the offer in the range of USD8,500t CIF Japanese main ports.Asian Metal Copyright The source reported that some Japanese end users reduce their usage at present market situation.Asian Metal Copyright The source thinks that antimony trioxide price dips as demand is weak in summer season and customers can not accept the price.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.Asian Metal Copyright .Asian Metal Copyright

The source thinks that antimony trioxide price dips as demand is weak in summer season and customers can not accept the price.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.Asian Metal Copyright

A dealer, who deals around 60t of antimony trioxide every year, claimed that antimony trioxide price has declined by around USD100-200/t in Japan market.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.Asian Metal Copyright "Current price is around USD8,500-8,600/t," said the source.Asian Metal Copyright .Asian Metal Copyright "Although antimony ingot price remains high, the price of flame retardant grade antimony trioxide has been USD100-200/t lower.Asian Metal Copyright" According to the source, consumers in Japan will leave for one to two weeks for summer holiday, and part of the customers decide not to replenish stocks before the holiday as the price is dipping in spot market, so the market is inactive in Japan at the moment.Asian Metal Copyright"

According to the source, consumers in Japan will leave for one to two weeks for summer holiday, and part of the customers decide not to replenish stocks before the holiday as the price is dipping in spot market, so the market is inactive in Japan at the moment.Asian Metal Copyright "Some companies are researching substitutes of antimony trioxide in order to decrease cost," stated the source, adding that the price of antimony trioxide reached historic high record in previous days in Japan.

Russian participants watching ferroniobium market

1 Jul 10 – As prices of tantalite and columbite go up, Russian participants are watching ferroniobium market with nearly no deal made.Asian Metal Copyright The trader indicated because of the increased price of raw materials, there are some offers above RUB1,300kg Nb USD42kg Nb, but the mainstream price is below this level.Asian Metal Copyright However, the price in spot markets is steady at RUB1,250-1,300/kg Nb (USD40-42/kg Nb).Asian Metal Copyright He disclosed they have no interest in entering the market to buy material in the following days except that they receive new orders.Asian Metal Copyright Sources commented that some consumers are still using their inventories purchased before, ferroniobium market will continue to be quiet in a short term.Asian Metal Copyright He disclosed they have no interest in entering the market to buy material in the following days except that they receive new orders.Asian Metal Copyright

A Russian trader revealed to Asian Metal that consumers from steel-making industry have already entered into the summer recess, thus the ferroniobium market is not likely to rise until September.Asian Metal Copyright .Asian Metal Copyright "Some end-users are still operating at low capacity and prefer to watch the market," said the source.Asian Metal Copyright Sources commented that some consumers are still using their inventories purchased before, ferroniobium market will continue to be quiet in a short term.Asian Metal Copyright

 According to the source, in spite of the rising price of raw materials, downstream steel-making industry is still fairly sluggish, and market demand for ferroniobium sees no big improvement.Asian Metal Copyright However, the price in spot markets is steady at RUB1,250-1,300kg Nb USD40-42kg Nb.Asian Metal Copyright The source confirmed the mainstream price of ferroniobium is steady at about RUB1,250/kg Nb (USD40/kg Nb).Asian Metal Copyright According to the source, in spite of the rising price of raw materials, downstream steel-making industry is still fairly sluggish, and market demand for ferroniobium sees no big improvement.Asian Metal Copyright

Another Russian trader agreed participants are watching the market.Asian Metal Copyright However, the price in spot markets is steady at RUB1,250-1,300kg Nb USD40-42kg Nb.Asian Metal Copyright He disclosed they have no interest in entering the market to buy material in the following days except that they receive new orders.Asian Metal Copyright Another Russian trader agreed participants are watching the market.Asian Metal Copyright "I think some end-users are still consuming inventories bought before.Asian Metal CopyrightBEIJING Asian Metal 1 Jul 10 – As prices of tantalite and columbite go up, Russian participants are watching ferroniobium market with nearly no deal made.Asian Metal Copyright They enter the market only to ask prices with no intention of buying," said the source.Asian Metal Copyright Sources commented that some consumers are still using their inventories purchased before, ferroniobium market will continue to be quiet in a short term.Asian Metal Copyright

The trader indicated because of the increased price of raw materials, there are some offers above RUB1,300/kg Nb (USD42/kg Nb), but the mainstream price is below this level.Asian Metal CopyrightBEIJING Asian Metal 1 Jul 10 – As prices of tantalite and columbite go up, Russian participants are watching ferroniobium market with nearly no deal made.Asian Metal Copyright He reported to Asian Metal that it is difficult for the market demand to go up in a short-run, but the price is expected to remain steady at this level.Asian Metal Copyright "Some end-users are still operating at low capacity and prefer to watch the market," said the source.

Brazilian ferroniobium market remains quiet in China

4 May 10 – Demand for Brazilian ferroniobium from steel mills remains low in China.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright Most suppliers still keep offers stable at around RMB220,000-225,000/t (USD41.Asian Metal Copyright4 in spot market.Asian Metal Copyright3-42.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright2/kg Nb), while only few deals are concluded at around RMB210,000/t (39.Asian Metal CopyrightBEIJING Asian Metal 4 May 10 – Demand for Brazilian ferroniobium from steel mills remains low in China.Asian Metal Copyright4) in spot market.Asian Metal Copyright2kg Nb, while only few deals are concluded at around RMB210,000t 39.Asian Metal Copyright Large steel mills can get ferroniobium at lower prices around RMB200,000/t from the sole agent in China, some active participants reported to Asian Metal.Asian Metal Copyright However, downstream consumers stated the price is too high to accept as their products can hardly sell at preferential prices due to low demand.Asian Metal Copyright

A ferroniobium trader in China, who trades around 10-15tpm, quotes RMB220,000-225,000/t(USD41.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright3-42.Asian Metal Copyright Ferroniobium market has kept quiet for a long term, and most suppliers expect the market to improve in the near future.Asian Metal Copyright2/kg Nb) this week, the same as that of last week.Asian Metal Copyright A ferroniobium trader in China, who trades around 10-15tpm, quotes RMB220,000-225,000tUSD41.Asian Metal Copyright However, downstream consumers stated the price is too high to accept as their products can hardly sell at preferential prices due to low demand.Asian Metal Copyright2kg Nb, lower than the first source.Asian Metal Copyright The source has little intention of lowering prices to empty stocks.Asian Metal Copyright However, it is unclear to state where the market will go until steel market recovers.Asian Metal Copyright

"We have not made any deals in the past month," said the source, claiming, demand from steel mills does not recover at the beginning of the second quarter, but he will not sell cheap in the coming days as ferroniobium price in Brazilian market remains stable.Asian Metal Copyright Large steel mills can get ferroniobium at lower prices around RMB200,000t from the sole agent in China, some active participants reported to Asian Metal.Asian Metal Copyright With economy recovering stably, construction industry will see an improvement in the coming months, and the source believes demand will improve soon in China accordingly.Asian Metal Copyright Owing to weak demand, there are few consumers send inquiries, not to mention orders, the source reported to Asian Metal.Asian Metal Copyright

"Demand for Brazilian ferroniobium is not strong for the moment," said another trader, who has a regular trading volume to around eight to ten ton.Asian Metal Copyright2kg Nb this week, the same as that of last week.Asian Metal Copyright With no deals having been made for almost one month, the source starts to lower offers to around RMB210,000-220,000/t (USD39.Asian Metal Copyright2kg Nb this week, the same as that of last week.Asian Metal Copyright4-42.Asian Metal Copyright "Demand for Brazilian ferroniobium is not strong for the moment," said another trader, who has a regular trading volume to around eight to ten ton.Asian Metal Copyright2/kg Nb), lower than the first source.Asian Metal Copyright3-42.Asian Metal Copyright Owing to weak demand, there are few consumers send inquiries, not to mention orders, the source reported to Asian Metal.Asian Metal Copyright "We have not made any deals in the past month," said the source, claiming, demand from steel mills does not recover at the beginning of the second quarter, but he will not sell cheap in the coming days as ferroniobium price in Brazilian market remains stable.Asian Metal Copyright

Ferroniobium market has kept quiet for a long term, and most suppliers expect the market to improve in the near future.Asian Metal Copyright3-42.Asian Metal Copyright However, it is unclear to state where the market will go until steel market recovers.Asian Metal CopyrightBEIJING Asian Metal 4 May 10 – Demand for Brazilian ferroniobium from steel mills remains low in China.

Ferromolybdenum market still dull in China

8 Jul 10 – Most producers are offering RMB127,000-128,000/t (USD31.Asian Metal Copyright13-31.Asian Metal Copyright13-31.Asian Metal Copyright BEIJING Asian Metal 8 Jul 10 – Most producers are offering RMB127,000-128,000t USD31.Asian Metal Copyright37/kg Mo) for ferromolybdenum 60% at present, and the buying activities have not recovered yet with a few deals concluded.Asian Metal Copyright Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500t USD30.Asian Metal Copyright

A Liaoning-based producer, with a production capacity of 270tpm, is offering RMB127,000-128,000/t (USD31.Asian Metal Copyright .Asian Metal Copyright13-31.Asian Metal Copyright .Asian Metal Copyright37/kg Mo) for ferromolybdenum 60% for the moment, and there were some dealers from South China bought several small tonnages of the materials in the past three days.Asian Metal Copyright13-31.Asian Metal Copyright

"All the deals were small-sized and less than 10t," said the source, confirming that demand from downstream buyers is still slow and dull.Asian Metal Copyright BEIJING Asian Metal 8 Jul 10 – Most producers are offering RMB127,000-128,000t USD31.Asian Metal Copyright

Another Liaoning-based producer is offering RMB128,000/t for ferromolybdenum 60% at the present and refuse to accept RMB126,000/t (USD30.Asian Metal Copyright Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500t USD30.Asian Metal Copyright88/kg Mo) for the time being, while another official from this company disclosed to Asian Metal that most staffs are on holiday because of the slow situation of molybdenum market.Asian Metal Copyright37kg Mo for ferromolybdenum 60% for the moment, and there were some dealers from South China bought several small tonnages of the materials in the past three days.Asian Metal Copyright

"We have stopped production for about one month and are selling the stockpiles," said the source.Asian Metal Copyright A Liaoning-based producer, with a production capacity of 270tpm, is offering RMB127,000-128,000t USD31.Asian Metal Copyright "When will we come to work depends on the market trend.Asian Metal Copyright A Liaoning-based producer, with a production capacity of 270tpm, is offering RMB127,000-128,000t USD31.Asian Metal Copyright" The official revealed that the summer season used to be dull in the past years, and he predicted the ferromolybdenum price may go down further in the coming two weeks.Asian Metal Copyright "We have stopped production for about one month and are selling the stockpiles," said the source.Asian Metal Copyright

Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500/t (USD30.Asian Metal Copyright Asian Metal learnt that Baosteel opened a tender early this week, with the concluded price at RMB124,500t USD30.Asian Metal Copyright51/kg Mo) for 100t of ferromolybdenum 60%, while the last tender was concluded at RMB127,000/t (USD31.Asian Metal Copyright" The official revealed that the summer season used to be dull in the past years, and he predicted the ferromolybdenum price may go down further in the coming two weeks.Asian Metal Copyright13/kg Mo) late June.Asian Metal Copyright37kg Mo for ferromolybdenum 60% for the moment, and there were some dealers from South China bought several small tonnages of the materials in the past three days.Asian Metal Copyright

Manganese flake price slides down further

7 Jul 10 – Participants reported to Asian Metal that manganese flake price dips further in China, and more and more manganese flake smelters intend to stop producing.Asian Metal Copyright With an output of about 2,000tpm of manganese flake, another source from a manganese smelter in Hunan disclosed to Asian Metal that manganese flake price slides down to about RMB14,600t USD2,138t ex works from RMB14,800t USD2,167t ex works early this week.Asian Metal Copyright The policy of the increasing power price has not been settled yet in Hunan and Guangxi etc.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright

 

A source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has been out of production so far, and the manganese flake market continued the down-moving trend from early this week with the price dropping by about RMB 100/t (USD15/t) to RMB14,600-14,700/t (USD2,138-2,152/t) ex works.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright "I still hold large stock on hand, but don't want to sell at current price," shared the source, with a monthly output of 1,000t of manganese flake.Asian Metal Copyright Putting export offer for manganese flake at about USD2,780t FOB China at the moment, the source claimed that the demand from overseas market is still weak.Asian Metal Copyright

 

Putting export offer for manganese flake at about USD2,780/t FOB China at the moment, the source claimed that the demand from overseas market is still weak.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.Asian Metal Copyright It is expected that the domestic manganese market will remain quiet in the rest of the month.Asian Metal Copyright

 

With an output of about 2,000tpm of manganese flake, another source from a manganese smelter in Hunan disclosed to Asian Metal that manganese flake price slides down to about RMB14,600/t (USD2,138/t) ex works from RMB14,800/t (USD2,167/t) ex works early this week.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.Asian Metal Copyright "It is difficult for buyers to accept the price of RMB14,700/t (USD2,152/t) ex works, and it will continue to take the down-moving trend," said the source.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.Asian Metal Copyright

 

The source is just fulfilling some long-term orders with steel mills signed before, but claimed that the trading volume is decreasing constantly.Asian Metal CopyrightBEIJING Asian Metal 7 Jul 10 – Participants reported to Asian Metal that manganese flake price dips further in China, and more and more manganese flake smelters intend to stop producing.Asian Metal Copyright At the same time, he is about to decrease production for the low demand.Asian Metal Copyright It is expected that the domestic manganese market will remain quiet in the rest of the month.Asian Metal Copyright It is expected that the domestic manganese market will remain quiet in the rest of the month.Asian Metal Copyright Although the operating rate of manganese smelters in China is low, foreign customers are still not eager to place orders.

Manganese flake market quiet with the low operating rate

9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.Asian Metal Copyright Holding manganese flake and manganese briquette about 1,000t respectively in Rotterdam warehouse, he quotes around USD2,800t and USD2,500t for manganese flake and manganese briquette in local place.Asian Metal Copyright There is no signal for the demand to recover, and the manganese flake price is on the decline.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.Asian Metal Copyright

 

A source from a manganese flake smelter in Hunan, with an output of about 2,000tpm, revealed to Asian Metal that manganese flake price is about RMB14,600/t (USD2,138/t) ex works in China, and the smelter has been out of production so far.Asian Metal Copyright The source does not sign any export order of manganese flake this week with the price of about USD2,750t FOB China, but he is negotiating with a foreign customer about a long-term order of manganese lump 95%min, and wants to make the deal at about USD2,900t FOB China main port.Asian Metal Copyright "Most steel mills consumers don't want to buy any more, expecting the price to dip further, and only few deals are concluded," shared the source.Asian Metal Copyright Another Hubei-based source from a manganese flake smelter, with an output of about 5,400tpm, disclosed to Asian Metal that he has decreased the production to about 3,000tpm for the low demand, and the current manganese flake price is about 14,700t USD2,152t ex works.Asian Metal Copyright

 

Putting the export offer at about USD2,780/t FOB China for manganese flake, the source has no order these two weeks.Asian Metal Copyright Another Hubei-based source from a manganese flake smelter, with an output of about 5,400tpm, disclosed to Asian Metal that he has decreased the production to about 3,000tpm for the low demand, and the current manganese flake price is about 14,700t USD2,152t ex works.Asian Metal Copyright Holding manganese flake and manganese briquette about 1,000t respectively in Rotterdam warehouse, he quotes around USD2,800/t and USD2,500/t for manganese flake and manganese briquette in local place.Asian Metal Copyright "I have some long-term orders signed with steel mills to fulfill, but generally speaking, the domestic market remains quiet with the low operating rate," said the source.Asian Metal Copyright

 

Another Hubei-based source from a manganese flake smelter, with an output of about 5,400tpm, disclosed to Asian Metal that he has decreased the production to about 3,000tpm for the low demand, and the current manganese flake price is about 14,700/t (USD2,152/t) ex works.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.Asian Metal Copyright "I have some long-term orders signed with steel mills to fulfill, but generally speaking, the domestic market remains quiet with the low operating rate," said the source.Asian Metal Copyright "I have some long-term orders signed with steel mills to fulfill, but generally speaking, the domestic market remains quiet with the low operating rate," said the source.Asian Metal Copyright

 

The source does not sign any export order of manganese flake this week with the price of about USD2,750/t FOB China, but he is negotiating with a foreign customer about a long-term order of manganese lump 95%min, and wants to make the deal at about USD2,900/t FOB China main port.Asian Metal CopyrightBEIJING Asian Metal 9 Jul 10 – More and more manganese flake smelters intend to stop producing, and the Chinese manganese market is still in thin trading.