Hunan Zhenqiang Antimony suspends antimony ingot production

BEIJING (Asian Metal) 27 Jan 21 - Hunan Zhenqiang Antimony Co.Asian Metal Copyright It has no plans to resume operation before the Spring Festival holiday and when to restart production depends upon whether it can get better raw material supply.Asian Metal Copyright, Ltd.Asian Metal Copyright Owing to tight raw material supply, suppliers show quite strong intention to raise prices; but since the market runs slowly before the Spring Festival holiday, insiders believe that prices for Chinese antimony ingot 99.Asian Metal Copyright, one of major antimony ingot producers in China, suspended antimony ingot 99.Asian Metal Copyright85%min stand at RMB49,500-50,500t USD7,658-7,813t EXW DP, up by RMB500t USD77.Asian Metal Copyright85%min production on January 12 owing to short supply of raw materials.Asian Metal Copyright It produced about 4,000t in 2020, and holds no stocks now, in comparison to 200t in the same period of last month.Asian Metal Copyright The company stayed in operation for three months after it resumed production in mid-October last year.Asian Metal Copyright The company, with an annual production capacity of 10,000t for antimony ingot 99.Asian Metal Copyright It has no plans to resume operation before the Spring Festival holiday and when to restart production depends upon whether it can get better raw material supply.Asian Metal Copyright, Ltd.Asian Metal Copyright Its output in January is expected to be around 150t, a source from the company revealed.

The source said, "We suspended antimony ingot 99.85%min production on January 12 owing to short supply of raw materials, and have no plans to resume operation before the Spring Festival holiday.Asian Metal Copyright The company, with an annual production capacity of 10,000t for antimony ingot 99.Asian Metal Copyright When to restart operation depends upon whether we can get better raw material supply.Asian Metal Copyright, one of major antimony ingot producers in China, suspended antimony ingot 99.Asian Metal Copyright Our output in January is expected to be around 150t, in comparison to around 500t in last December.Asian Metal Copyright, one of major antimony ingot producers in China, suspended antimony ingot 99.Asian Metal Copyright" According to the source, since raw material supply is tight while they have no spot stocks of antimony ingot available for selling, the company does not provide quotations for antimony ingot 99.Asian Metal Copyright38t from early this week.Asian Metal Copyright85%min for the time being.

The company, with an annual production capacity of 10,000t for antimony ingot 99.85%min, expects to produce about 150t in January 2021 and produced around 500t in December 2020.Asian Metal Copyright85%min, expects to produce about 150t in January 2021 and produced around 500t in December 2020.Asian Metal Copyright It produced about 4,000t in 2020, and holds no stocks now, in comparison to 200t in the same period of last month.

Currently, mainstream prices for Chinese antimony ingot 99.85%min stand at RMB49,500-50,500/t (USD7,658-7,813/t) EXW D/P, up by RMB500/t (USD77.38/t) from early this week.Asian Metal Copyright The company stayed in operation for three months after it resumed production in mid-October last year.Asian Metal Copyright Owing to tight raw material supply, suppliers show quite strong intention to raise prices; but since the market runs slowly before the Spring Festival holiday, insiders believe that prices for Chinese antimony ingot 99.Asian Metal Copyright .Asian Metal Copyright85%min would stay firm on the whole in the coming week.

.Asian Metal Copyright Currently, mainstream prices for Chinese antimony ingot 99.Asian Metal Copyright