Antimony Market Report October 2013

After the long holiday of National Day (1-7th October), as the big antimony company did not continue the price of antimony ingot lost the momentum to go up, the price of antimony ingot and trioxide respectively kept at RMB63,500-66,000/t (USD10,410-10,820/t) and RMB55,000-57,000/t (USD9,016-9,344/t) till late the month.Asian Metal Copyright The prices for antimony ingot and trioxide respectively decreased by RMB1,000t USD164t to USD62,500-65,000t USD10,246-10,656t and RMB54,000-56,000t USD8,852-9,180t at the end of the month.Asian Metal Copyright And then the news that China’s State Reserve Bureau will purchase 10,500t of antimony ingot from China Minmetals, Chenzhou Mining and Chian Tin spread around, and some market insiders worried that the spot market could not see big orders in the short term, and suppliers lowered their prices to attract deals. The prices for antimony ingot and trioxide respectively decreased by RMB1,000/t (USD164/t) to USD62,500-65,000/t (USD10,246-10,656/t) and RMB54,000-56,000/t (USD8,852-9,180/t) at the end of the month.

.Asian Metal CopyrightAfter the long holiday of National Day 1-7th October, as the big antimony company did not continue the price of antimony ingot lost the momentum to go up, the price of antimony ingot and trioxide respectively kept at RMB63,500-66,000t USD10,410-10,820t and RMB55,000-57,000t USD9,016-9,344t till late the monthAsian Metal Copyright