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Chinese antimony ingot prices stable

2020-03-03 11:29:04   【Print】
BEIJING (Asian Metal) 3 Mar 20 - Antimony ingot consumers didn't resume production completely, leaving soft demand, while producers hold prices firm due to tight supply of raw material.Asian Metal Copyright65%min Bi100ppm, the producer expects to produce about 200t in March, unchanged from February, and holds about 430t of stocks now, up by about 200t MOM.Asian Metal Copyright Currently, mainstream prices for Chinese antimony ingot 99.85%min stand at RMB41,000-42,000/t (USD5,891-6,035/t) EXW D/P, unchanged from early last week.Asian Metal Copyright In view of firm offers and weak demand, the producer expects prices for Chinese antimony ingot 99.Asian Metal Copyright In view of tight supply of raw material and no increase in demand in the short period, insiders predict that Chinese antimony ingot 99.Asian Metal Copyright In view of firm offers and weak demand, the producer expects prices for Chinese antimony ingot 99.Asian Metal Copyright85%min prices would be stable in the coming week.

A producer in Guizhou said, "We resumed production of antimony ingot 99.85%min, but due to tight supply of raw material, we may only produce about 100t this month, down by about 50% from the regular volume. We don't accept prices lower than RMB42,000/t (USD6,035/t) now, unchanged from early last week, and last sold 20t at RMB38,000/t (USD5,460/t) in late January," the source said.Asian Metal Copyright In view of tight supply of raw material and no increase in demand in the short period, insiders predict that Chinese antimony ingot 99.Asian Metal Copyright They didn't produce in February for production delay and think the raw material supply would still be tight in March.Asian Metal Copyright However, downstream demand also keeps weak with an operating rate of less than 60%; they haven't seen enquiries these two weeks.Asian Metal Copyright However, downstream demand also keeps weak with an operating rate of less than 60%; they haven't seen enquiries these two weeks.Asian Metal Copyright85%min, the producer expects to produce about 100t in March and had no production in February, holding about 20t of stocks now, unchanged MOM.Asian Metal Copyright In view of firm offers and weak demand, the producer expects prices for Chinese antimony ingot 99.Asian Metal Copyright In view of firm offers and weak demand, the producer expects prices for Chinese antimony ingot 99.Asian Metal Copyright85%min to stay unchanged in the coming week.

With an annual production capacity of 2,000t of antimony ingot 99.85%min, the producer expects to produce about 100t in March and had no production in February, holding about 20t of stocks now, unchanged MOM.

A producer in Guangxi said, "We usually produce antimony ingot 99.65%min Bi>100ppm and learnt that other's offer for the material is RMB36,500/t (USD5,245/t) at least. As we expect the price to rise to RMB38,000/t (USD5,460/t), we don't make quotation now." Prices of the material are about RMB3,500/t (USD503/t) lower than those of antimony ingot 99.Asian Metal Copyright85%min, but due to tight supply of raw material, we may only produce about 100t this month, down by about 50% from the regular volume.Asian Metal Copyright85%min. They sold 20t at RMB34,000/t (USD4,885/t) before mid-January and refused two traders whose prices were lower than RMB38,000/t (USD5,460/t) last week. They will continue to watch the market and may accept the price of RMB36,500/t (USD5,245/t) if there is no change in the price.Asian Metal Copyright As we expect the price to rise to RMB38,000t USD5,460t, we don't make quotation now.Asian Metal Copyright Considering sporadic deals on the spot market, the producer expects prices of Chinese antimony ingot 99.Asian Metal Copyright .Asian Metal Copyright65%min Bi>100ppm to be stable in the coming week.

With an annual production capacity of 2,000t of antimony ingot 99.65%min Bi>100ppm, the producer expects to produce about 200t in March, unchanged from February, and holds about 430t of stocks now, up by about 200t MOM.

.Asian Metal Copyright85%min, the producer expects to produce about 100t in March and had no production in February, holding about 20t of stocks now, unchanged MOM.Asian Metal Copyright