Antimony Market Report July 2013
2013-08-09 18:07:42 【Print】
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Into July, the prices of antimony ingot 99
. 65%min and trioxide 99 . 5%min continued the downward trend in June in the first week of July, and the prices of antimony ingot 99 . 65%min and trioxide 99.5%min respectively decreased by RMB3,000/t (USD489/t) to RMB57,500-60,000/t (USD9,380-9,788/t) and RMB52,000-54,000/t (USD8,483-8,809/t) ex works. However, the price of antimony kept stable at the level for one week and then rebounded as a major company bought in antimony ingot from local market which pushed the price of antimony ingot by RMB1,000/t (USD163/t) to RMB59,000-61,000/t (USD9,543-9,951/t) ex works and the price stayed at this level for more than one week, and till the end of July, the price went up another RMB500/t (USD82/t) to RMB59,000-61,500/t (USD9,625-10,033/t) ex works, while the price of antimony trioxide 99.5%min generally maintained at RMB52,000-54,000/t (USD8,483-8,809/t) ex works for the latter three weeks of July owing to weak demand and large stock .