Monthly Antimony Market Report Sep 2020
2020-10-14 17:58:09 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Both Chinese upstream and downstream market participants took a strong wait-and-see attitude towards the antimony products market in early September 2020, but prices of these products went up sharply in late September. The spot market saw limited transactions of antimony products in early September owing to the wait-and-see attitude against the backdrop that end users just refilled stocks based on orders although suppliers substantially raised their prices affected by the supply shortage of raw material.
The domestic antimony concentrate market saw tight supply and limited transactions in September 2020 as some miners refused to sell their material considering the low operating rates and output of the material in China. Meanwhile, affected by the outbreak of the Covid-19 in overseas countries once again, China couldn't import antimony concentrate smoothly and some overseas suppliers delayed making deliveries to Chinese importers, leading to the continuous supply shortage of antimony concentrate in China.
Chinese antimony ingot spot market saw limited transactions in September 2020 as end users still refilled stocks based on orders. Affected by the strong wait-and-see attitude of both upstream and downstream market players, antimony ingot prices kept steady in early September, but many domestic producers raised their prices due to low operating rates caused by tight supply of raw material. Affected by higher antimony ingot prices in the domestic market, the international antimony ingot market also saw higher prices, but spot transactions in the international market were also limited.
Affected by the spread of Covid-19, Chinese end users merely made replenishments of antimony trioxide based on orders, but prices of the material kept steady in early September owing to high operating rates, sufficient supply and fierce competition among suppliers. Suppliers raised their antimony trioxide prices in late September owing to the substantial increase of antimony ingot then. Antimony trioxide prices went up slightly in the international market in September 2020 affected by higher prices in China and more enquiries in spite of low operating rates of international producers.
Chinese ethylene glycol antimony suppliers wanted to raise their prices in September 2020 as a result of higher prices of raw material antimony trioxide, but had difficulties in doing so owing to sufficient supply in the market and continuously weak demand from end users.
Both Chinese upstream and downstream market participants took a strong wait-and-see attitude towards the antimony products market in early September 2020, but prices of these products went up sharply in late September. The spot market saw limited transactions of antimony products in early September owing to the wait-and-see attitude against the backdrop that end users just refilled stocks based on orders although suppliers substantially raised their prices affected by the supply shortage of raw material.
The domestic antimony concentrate market saw tight supply and limited transactions in September 2020 as some miners refused to sell their material considering the low operating rates and output of the material in China. Meanwhile, affected by the outbreak of the Covid-19 in overseas countries once again, China couldn't import antimony concentrate smoothly and some overseas suppliers delayed making deliveries to Chinese importers, leading to the continuous supply shortage of antimony concentrate in China.
Chinese antimony ingot spot market saw limited transactions in September 2020 as end users still refilled stocks based on orders. Affected by the strong wait-and-see attitude of both upstream and downstream market players, antimony ingot prices kept steady in early September, but many domestic producers raised their prices due to low operating rates caused by tight supply of raw material. Affected by higher antimony ingot prices in the domestic market, the international antimony ingot market also saw higher prices, but spot transactions in the international market were also limited.
Affected by the spread of Covid-19, Chinese end users merely made replenishments of antimony trioxide based on orders, but prices of the material kept steady in early September owing to high operating rates, sufficient supply and fierce competition among suppliers. Suppliers raised their antimony trioxide prices in late September owing to the substantial increase of antimony ingot then. Antimony trioxide prices went up slightly in the international market in September 2020 affected by higher prices in China and more enquiries in spite of low operating rates of international producers.
Chinese ethylene glycol antimony suppliers wanted to raise their prices in September 2020 as a result of higher prices of raw material antimony trioxide, but had difficulties in doing so owing to sufficient supply in the market and continuously weak demand from end users.
