China Minmetals Rare Earth suggests Asian Metal to lift prices of antimony products
2020-02-19 18:25:38 [Print]
BEIJING (Asian Metal) 19 Feb 20 – The world's leading antimony producer, China Minmetals Rare Earth Co., Ltd. suggested Asian Metal to lift the prices of antimony products, in an official letter sent to Asian Metal on Feb 18, 2020. Please refer to the attachment for details.
China Minmetals Rare Earth believes that the current prices of antimony ingot 99.65% min, according to its investigations and deals, should stand at or even over RMB42,000/t (USD5,999/t), but the prices on Asian Metal stand far behind the actual market prices and the price gap between them is obvious.
On Feb 17, 2020, Asian Metal's assessment on the market price of antimony ingot in China stands at RMB38,500-39,500/t (USD5,500-5,643/t).
For nearly 20 years, Asian Metal always maintains close contact with hundreds of market players, including producers, consumers and traders, in the antimony industry worldwide, regardless of their size, ownership, region, country and role in the industry chain, equally observes, distinguishes and collects the information and data of the market activities, constantly reveals timely, objective and accurate market truth to the public, clarifies rumors and cuts through the fog over the market, devotes to providing most valuable decision making evidence and living up to the trust and support given by worldwide clients in the past 20 years.
Asian Metal, at any time, welcomes any company of any size and from any region to communicate market movements and to share views and suggestions with us.
Attachment: Official Letter from China Minmetals Rare Earth Co., Ltd.
China Minmetals Rare Earth believes that the current prices of antimony ingot 99.65% min, according to its investigations and deals, should stand at or even over RMB42,000/t (USD5,999/t), but the prices on Asian Metal stand far behind the actual market prices and the price gap between them is obvious.
On Feb 17, 2020, Asian Metal's assessment on the market price of antimony ingot in China stands at RMB38,500-39,500/t (USD5,500-5,643/t).
For nearly 20 years, Asian Metal always maintains close contact with hundreds of market players, including producers, consumers and traders, in the antimony industry worldwide, regardless of their size, ownership, region, country and role in the industry chain, equally observes, distinguishes and collects the information and data of the market activities, constantly reveals timely, objective and accurate market truth to the public, clarifies rumors and cuts through the fog over the market, devotes to providing most valuable decision making evidence and living up to the trust and support given by worldwide clients in the past 20 years.
Asian Metal, at any time, welcomes any company of any size and from any region to communicate market movements and to share views and suggestions with us.
Attachment: Official Letter from China Minmetals Rare Earth Co., Ltd.
Antimony Ingot 99.65%min FOB China
Unit:USD/mt
China antimony ingot producers' inventory to production ratio statistics by province by month
Unit: %
