Chinese sodium pyroantimonate prices down slightly
2023-03-31 11:35:48 [Print]
BEIJING (Asian Metal) 31 Mar 23 - Restricted by lower raw material prices, Chinese sodium pyroantimonate market sees inactive purchases and some suppliers make small concessions in prices to boost sales. Mainstream prices of Chinese sodium pyroantimonate 58%min stand at RMB45,000-48,000/t (USD6,565-7,003/t) delivered D/A 180 days currently, down by about RMB1,000/t (USD146/t) from late last week. In view of steady prices of raw material on the whole, insiders predict that mainstream prices of Chinese sodium pyroantimonate 58%min would stabilize in the coming week.
A producer in South China said, "We now quote RMB46,000/t (USD6,711/t) delivered D/A 180 days for sodium pyroantimonate 58%min and could give the price of RMB45,000/t (USD6,565/t) to regular customers with real intention to place orders. We already sold 64t of the material at RMB45,000/t (USD6,565/t) by now this week and about 100t at RMB46,000/t (USD6,711/t) last week." The antimony trioxide 99.5%min price they received declined by about RMB1,000/t (USD146/t) from last week to the current RMB70,000/t (USD10,212/t) against the backdrop of the downward price trend for the raw material in the market caused by the fact that buyers were reluctant to refill stocks of the raw material. The producer further disclosed that antimony trioxide prices stabilize late this week. In view of firm prices of raw material, the producer predicts that mainstream prices of Chinese sodium pyroantimonate 58%min would witness no fluctuation in the coming week.
With an annual production capacity of 20,000t of sodium pyroantimonate 58%min, the producer totally produced about 10,000t of the material in 2022 and expects that the output would be around 1,000t this month, steady MOM. They hold no spot stocks at the moment, unchanged MOM.
Another producer in South China said, "We now quote RMB48,000/t (USD7,003/t) delivered D/A 180 days for sodium pyroantimonate 58%min and could accept the price of RMB47,500/t (USD6,930/t) for firm orders, but with no deals concluded so far this week. We once sold about 60t of the material at RMB48,000/t (USD7,003/t) late last week." According to the producer, the domestic sodium pyroantimonate market sees inactive deals at present owing to sluggish demand against the backdrop of the decrease of raw material prices. They expect to sell less than 100t of sodium pyroantimonate this week, but could sell more than 100t per week in normal condition. Nevertheless, as antimony trioxide suppliers generally keep their quotations of the raw material firm in the second half of this week, the producer thinks that their production costs of sodium pyroantimonate would become firm and accordingly predict that mainstream prices of Chinese sodium pyroantimonate 58%min would stay stable in the coming week.
With an annual production capacity of 10,000t of sodium pyroantimonate 58%min, the producer totally produced about 8,000t of the material in 2022 and expects that the output would be around 500t this month, steady MOM. They hold no spot stocks at the moment, unchanged MOM.
A producer in South China said, "We now quote RMB46,000/t (USD6,711/t) delivered D/A 180 days for sodium pyroantimonate 58%min and could give the price of RMB45,000/t (USD6,565/t) to regular customers with real intention to place orders. We already sold 64t of the material at RMB45,000/t (USD6,565/t) by now this week and about 100t at RMB46,000/t (USD6,711/t) last week." The antimony trioxide 99.5%min price they received declined by about RMB1,000/t (USD146/t) from last week to the current RMB70,000/t (USD10,212/t) against the backdrop of the downward price trend for the raw material in the market caused by the fact that buyers were reluctant to refill stocks of the raw material. The producer further disclosed that antimony trioxide prices stabilize late this week. In view of firm prices of raw material, the producer predicts that mainstream prices of Chinese sodium pyroantimonate 58%min would witness no fluctuation in the coming week.
With an annual production capacity of 20,000t of sodium pyroantimonate 58%min, the producer totally produced about 10,000t of the material in 2022 and expects that the output would be around 1,000t this month, steady MOM. They hold no spot stocks at the moment, unchanged MOM.
Another producer in South China said, "We now quote RMB48,000/t (USD7,003/t) delivered D/A 180 days for sodium pyroantimonate 58%min and could accept the price of RMB47,500/t (USD6,930/t) for firm orders, but with no deals concluded so far this week. We once sold about 60t of the material at RMB48,000/t (USD7,003/t) late last week." According to the producer, the domestic sodium pyroantimonate market sees inactive deals at present owing to sluggish demand against the backdrop of the decrease of raw material prices. They expect to sell less than 100t of sodium pyroantimonate this week, but could sell more than 100t per week in normal condition. Nevertheless, as antimony trioxide suppliers generally keep their quotations of the raw material firm in the second half of this week, the producer thinks that their production costs of sodium pyroantimonate would become firm and accordingly predict that mainstream prices of Chinese sodium pyroantimonate 58%min would stay stable in the coming week.
With an annual production capacity of 10,000t of sodium pyroantimonate 58%min, the producer totally produced about 8,000t of the material in 2022 and expects that the output would be around 500t this month, steady MOM. They hold no spot stocks at the moment, unchanged MOM.
