Monthly Antimony Market Report Nov 18
2018-12-12 18:02:30 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Antimony ingot prices in China continued to go down in November, but most consumers took a wait-and-see attitude, so the transactions in November showed no improvement compared with October. Although the operating rate of antimony ingot suppliers was still low, in early November, antimony ingot prices in China reduced by RMB500/t (USD72.49/t) from late October owing to the soft demand and suppliers' capital pressure; consumers made small volume purchases on rigid demand. In mid-November, most market participants still took a wait-and-see attitude. Considering the environmental protection inspection review and consumers' concentrated replenishment in late November, the price remained stable. In Late November, most suppliers were unconfident and further reduced prices by RMB500/t (USD72.49/t) to encourage selling. By November 30, supported by the purchase cost of antimony concentrate, antimony ingot prices kept flat.
Antimony ingot prices in China continued to go down in November, but most consumers took a wait-and-see attitude, so the transactions in November showed no improvement compared with October. Although the operating rate of antimony ingot suppliers was still low, in early November, antimony ingot prices in China reduced by RMB500/t (USD72.49/t) from late October owing to the soft demand and suppliers' capital pressure; consumers made small volume purchases on rigid demand. In mid-November, most market participants still took a wait-and-see attitude. Considering the environmental protection inspection review and consumers' concentrated replenishment in late November, the price remained stable. In Late November, most suppliers were unconfident and further reduced prices by RMB500/t (USD72.49/t) to encourage selling. By November 30, supported by the purchase cost of antimony concentrate, antimony ingot prices kept flat.
