Antimony Market Report August 2013
2013-10-08 13:42:10 【Print】
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There were thin deals in antimony market in August, but as a Chinese company bought in antimony ingot which pushing the price up and up, and the prices for antimony ingot 99
. 65%min and trioxide 99 . 5%min moved up slowly . In early August, the price of antimony ingot 99.65%min increased by RMB1,000/t (USD163/t) to RMB60,000-62,500/t (USD9,803-10,212/t) and kept stably at this level for more than two weeks and then went up by RMB1,500/t (USD245/t) to RMB61,500-64,000/t (USD10,049-10,458/t) . During the price rise of antimony ingot, some antimony trioxide producers replaced antimony ingot, while most traders and some antimony trioxide producers purchased on need-basis, and the market was active temporarily . In August, the price of antimony trioxide 99.5%min rose from RMB52,000-54,000/t (USD8,497-8,824/t) in early August to RMB53,000-55,000/t (USD8,660-8,987/t) and downstream users replenished, but the whole market was inactive in August .