Monthly Antimony Market Report Oct 2021
2021-11-11 18:12:22 【Print】
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1. Market Highlights
Chinese antimony market ran weakly in October. As plants in Hunan may resume production, market participants generally waited on the sidelines before mid-October, leaving sparse deals and stable prices. After mid-October, antimony plants gradually resumed operation, and thus some suppliers sold at lower prices, resulting in a decrease in prices.
In Chinese market, spot supply of antimony concentrate was limited and there were some deals made at RMB60,000/t (USD9,372/t) EXW D/P for the material. At the end of October, antimony ingot 99.85%min prices dropped to around RMB75,000/t (USD11,715/t) while antimony trioxide prices held firm supported by high cost. The ethylene glycol antimony market saw few deals since downstream consumers held a wait-and-see attitude considering anaemic growth of raw material prices.
In international market, overseas suppliers intended to keep prices firm due to limited spot supply resulted from long transportation cycle, and thus the prices of antimony ingot and antimony trioxide both stayed firm; however, the market saw soft demand and slack deals.
Chinese antimony market ran weakly in October. As plants in Hunan may resume production, market participants generally waited on the sidelines before mid-October, leaving sparse deals and stable prices. After mid-October, antimony plants gradually resumed operation, and thus some suppliers sold at lower prices, resulting in a decrease in prices.
In Chinese market, spot supply of antimony concentrate was limited and there were some deals made at RMB60,000/t (USD9,372/t) EXW D/P for the material. At the end of October, antimony ingot 99.85%min prices dropped to around RMB75,000/t (USD11,715/t) while antimony trioxide prices held firm supported by high cost. The ethylene glycol antimony market saw few deals since downstream consumers held a wait-and-see attitude considering anaemic growth of raw material prices.
In international market, overseas suppliers intended to keep prices firm due to limited spot supply resulted from long transportation cycle, and thus the prices of antimony ingot and antimony trioxide both stayed firm; however, the market saw soft demand and slack deals.
