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Chinese antimony ingot suppliers hold prices firm

2020-04-30 11:59:27   【Print】
BEIJING (Asian Metal) 30 Apr 20 - In the past week, most antimony ingot suppliers raised their prices due to the thin profit and the difficulty in purchasing raw materials.Asian Metal Copyright85%min prices would be stable in the coming week.Asian Metal Copyright Currently, mainstream prices for Chinese antimony ingot 99.85%min stand at RMB35,500-36,500/t (USD5,020-5,161/t) EXW D/P, stable from early this week.Asian Metal Copyright85%min, the producer resumed production in mid-April and the output in April was about 800t.Asian Metal Copyright Despite the weak end demand, insiders predict that Chinese antimony ingot 99.Asian Metal Copyright70t, stable from early this week and up by RMB500t USD70.Asian Metal Copyright85%min prices would be stable in the coming week considering that suppliers hold prices firm due to tight supply of raw material.

A Hunan-based producer said, "We quote RMB36,500/t (USD5,161/t) EXW D/P for antimony ingot 99.85%min now and would consider selling at RMB36,000/t (USD5,090/t) for firm bids from regular customers, but we refuse to sell at below RMB36,000/t (USD5,090/t). We do not conclude any deals this week and just sold 60t of the material at RMB36,000/t (USD5,090/t) one week ago.Asian Metal Copyright85%min now and can give a discount of RMB500t USD70.Asian Metal Copyright" The producer revealed that due to the tight supply of raw materials, their plant reduced production for 20 days.Asian Metal Copyright" In view of the weak consumers' willingness to purchase before the Labor Day holiday, the producer predicts that Chinese antimony ingot 99.Asian Metal Copyright The original planned output in April was 1,200t, but the output in April was only 800t.Asian Metal Copyright They sold 60t of the material at RMB36,500t USD5,161t early this week and sold 40t at RMB36,000t USD5,090t last week.Asian Metal Copyright The producer said that one week ago, they received enquiries from a number of customers who planned to purchase antimony ingot 99.85%min at RMB35,500/t (USD5,020/t), while they refused to sell.Asian Metal Copyright Currently, mainstream prices for Chinese antimony ingot 99.Asian Metal Copyright Most antimony ingot producers in Hunan will reduce production in May due to insufficient raw material supply.Asian Metal Copyright85%min prices would be stable in the coming week.Asian Metal Copyright Considering the approach of the Labor Day holiday, the domestic market sees limited transactions, and the producer predicts that Chinese antimony ingot 99.Asian Metal Copyright70t from early last week.Asian Metal Copyright85%min prices would be stable in the coming week.

With an annual production capacity of 48,000t of antimony ingot 99.85%min, the producer resumed production in mid-April and the output in April was about 800t.Asian Metal Copyright A Hunan-based producer said, "We quote RMB36,500t USD5,161t EXW DP for antimony ingot 99.Asian Metal Copyright The total output in 2019 was about 20,000t, and the output was about 800t so far in 2020.Asian Metal Copyright The producer said, "Due to weak end demand, our weekly sales volume is less than 100t while the weekly sales volume before March was more than 100t, but we currently refuse to sell at below RMB36,000t USD5,090t considering that the operating rate of domestic antimony ingot producers is less than 60% now and it is difficult to purchase antimony ingot raw materials.Asian Metal Copyright The producer currently holds about 500t of antimony ingot stocks, while did not hold stocks in the same period last month.

Another Hunan-based producer quotes RMB37,000/t (USD5,232/t) EXW D/P for antimony ingot 99.85%min now and can give a discount of RMB500/t (USD70.70/t), stable from early this week and up by RMB500/t (USD70.70/t) from early last week. They sold 60t of the material at RMB36,500/t (USD5,161/t) early this week and sold 40t at RMB36,000/t (USD5,090/t) last week. The producer said, "Due to weak end demand, our weekly sales volume is less than 100t while the weekly sales volume before March was more than 100t, but we currently refuse to sell at below RMB36,000/t (USD5,090/t) considering that the operating rate of domestic antimony ingot producers is less than 60% now and it is difficult to purchase antimony ingot raw materials.Asian Metal Copyright Considering the approach of the Labor Day holiday, the domestic market sees limited transactions, and the producer predicts that Chinese antimony ingot 99.Asian Metal Copyright" In view of the weak consumers' willingness to purchase before the Labor Day holiday, the producer predicts that Chinese antimony ingot 99.Asian Metal Copyright With an annual production capacity of 5,000t of antimony ingot 99.Asian Metal Copyright85%min prices would be stable in the coming week.

With an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer had no output in April as they just resumed production.Asian Metal Copyright85%min now and would consider selling at RMB36,000t USD5,090t for firm bids from regular customers, but we refuse to sell at below RMB36,000t USD5,090t.Asian Metal Copyright The total output in 2019 was about 2,600t, and that in 2020 is expected to remain stable.Asian Metal Copyright85%min, the producer had no output in April as they just resumed production.Asian Metal Copyright The producer holds about 100t of antimony ingot stocks now, stable from last month.

.Asian Metal Copyright They sold 60t of the material at RMB36,500t USD5,161t early this week and sold 40t at RMB36,000t USD5,090t last week.Asian Metal Copyright