Monthly Antimony Market Report Nov 2020
2020-12-11 18:12:54 【Print】
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1. Market Highlights
Antimony products prices declined slightly in China in November 2020 as some suppliers had to cut their prices to recoup funds while downstream consumers just waited on the sidelines and delayed refilling stocks. Although producers kept stable operating rates, the decrease range of prices was limited owing to tight raw material supply.
Chinese antimony concentrate mines kept low operating rates in November 2020, so the domestic antimony concentrate market saw tight supply and suppliers had to keep their prices firm. However, antimony ingot producers were cautious about purchasing antimony concentrate in view of the slight decrease of antimony ingot prices, leading to limited deals of antimony concentrate in the domestic market. Meanwhile, it's hard for Chinese importers to import antimony concentrate owing to limited output of overseas miners. Specifically speaking, Chinese importers mainly imported antimony concentrate from Russia, Tajikistan, Australia, Burma, Vietnam and other countries in small volumes during November 2020.
Chinese antimony ingot market saw slight decrease of prices and limited deals in November 2020 as some suppliers had to cut their prices to recoup funds while downstream antimony trioxide producers who were bearish about the market outlook delayed refilling stocks. China's antimony ingot export market also saw limited deals and enquiries from overseas customers impacted by the flow of low-price material produced by producers in Southeast Asia. However, export prices of Chinese antimony ingot generally kept firm affected by high prices in the domestic market and the depreciation of USD.
Although the demand from end users who still refilled stocks based on orders increased slightly, some Chinese suppliers slightly cut their prices of antimony trioxide in November 2020 to win more deals as some consumers took a strong wait-and-see attitude affected by the slight decrease of raw material prices. Affected by fluctuated exchange rate between USD and RMB, some Chinese exporters kept steady export quotations and firm export prices as overseas buyers kept stable purchases in order to avoid risks caused by the further increase of prices.
Some Chinese antimony trioxide suppliers slightly cut their prices to conclude more deals in November 2020 against backdrops that raw material prices dropped slightly and downstream consumers took a strong wait-and-see attitude in spite of stable operating rates and . Influenced by the fluctuated exchange rate between USD and RMB, Chinese antimony trioxide exporters kept stable export quotations
Prices of ethylene glycol antimony kept firm in China in November 2020 supported by firm prices of raw material antimony trioxide although the demand from downstream polyester industry was still soft and suppliers were among fierce competition affected by sufficient supply in the market. Chinese ethylene glycol antimony suppliers slightly raised their prices in November 2020, but the demand still needed to increase.
Antimony products prices declined slightly in China in November 2020 as some suppliers had to cut their prices to recoup funds while downstream consumers just waited on the sidelines and delayed refilling stocks. Although producers kept stable operating rates, the decrease range of prices was limited owing to tight raw material supply.
Chinese antimony concentrate mines kept low operating rates in November 2020, so the domestic antimony concentrate market saw tight supply and suppliers had to keep their prices firm. However, antimony ingot producers were cautious about purchasing antimony concentrate in view of the slight decrease of antimony ingot prices, leading to limited deals of antimony concentrate in the domestic market. Meanwhile, it's hard for Chinese importers to import antimony concentrate owing to limited output of overseas miners. Specifically speaking, Chinese importers mainly imported antimony concentrate from Russia, Tajikistan, Australia, Burma, Vietnam and other countries in small volumes during November 2020.
Chinese antimony ingot market saw slight decrease of prices and limited deals in November 2020 as some suppliers had to cut their prices to recoup funds while downstream antimony trioxide producers who were bearish about the market outlook delayed refilling stocks. China's antimony ingot export market also saw limited deals and enquiries from overseas customers impacted by the flow of low-price material produced by producers in Southeast Asia. However, export prices of Chinese antimony ingot generally kept firm affected by high prices in the domestic market and the depreciation of USD.
Although the demand from end users who still refilled stocks based on orders increased slightly, some Chinese suppliers slightly cut their prices of antimony trioxide in November 2020 to win more deals as some consumers took a strong wait-and-see attitude affected by the slight decrease of raw material prices. Affected by fluctuated exchange rate between USD and RMB, some Chinese exporters kept steady export quotations and firm export prices as overseas buyers kept stable purchases in order to avoid risks caused by the further increase of prices.
Some Chinese antimony trioxide suppliers slightly cut their prices to conclude more deals in November 2020 against backdrops that raw material prices dropped slightly and downstream consumers took a strong wait-and-see attitude in spite of stable operating rates and . Influenced by the fluctuated exchange rate between USD and RMB, Chinese antimony trioxide exporters kept stable export quotations
Prices of ethylene glycol antimony kept firm in China in November 2020 supported by firm prices of raw material antimony trioxide although the demand from downstream polyester industry was still soft and suppliers were among fierce competition affected by sufficient supply in the market. Chinese ethylene glycol antimony suppliers slightly raised their prices in November 2020, but the demand still needed to increase.
