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    Monthly Antimony Market Report Jan 2023

    2023-02-17 17:17:17   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    Market Highlights

    Prices of antimony products kept increasing in both the Chinese and overseas markets in January 2023. The supply of antimony ingot was tight in the Chinese spot market during the month against the backdrops that the Spring Festival holiday was approaching in December 2022 when the COVID-19 spread rapidly.Asian Metal Copyright Although demand didn't pick up obviously, export prices of antimony products moved upwards owing to substantial appreciation of RMB.Asian Metal Copyright In view of limited supply of raw material, domestic antimony product suppliers intended to hold back from selling; some consumers purchased in small quantities to replenish stocks with limited deals in the market.Asian Metal Copyright .Asian Metal Copyright The domestic antimony product market saw prevailing wait-and-see sentiments owing to both tight supply and firm prices of raw material. Before the Spring Festival holiday in January 2023, antimony concentrate prices went up to RMB68,000/t (USD9,896/t) EXW D/P; antimony ingot 99.85%min prices increased to RMB80,000/t (USD11,642/t); antimony trioxide 99.8%min prices rose to RMB70,000/t (USD10,187/t) delivered D/A 30 days and ethylene glycol antimony prices increased to RMB58,000/t (USD8,440/t) delivered D/A 60 days.Asian Metal Copyright Some antimony ingot 99.Asian Metal Copyright Given rapid increase of prices, most consumers who already finished purchasing plans in December 2022 just waited on the sidelines in January 2023, resulting in limited deals in the antimony product market on the whole.Asian Metal CopyrightMarket Highlights Prices of antimony products kept increasing in both the Chinese and overseas markets in January 2023.Asian Metal Copyright Being bullish about the market outlook, antimony product producers intended to hold back from selling in January 2023; some middlemen started refilling stocks in light of limited stocks for both finished product and raw material; consumers started making replenishments for the year-end.Asian Metal Copyright Given rapid increase of prices, most consumers who already finished purchasing plans in December 2022 just waited on the sidelines in January 2023, resulting in limited deals in the antimony product market on the whole.Asian Metal Copyright All these factors supported antimony product prices to go up in China during January 2023.Asian Metal Copyright The international antimony product market ran relatively slowly in January 2023.Asian Metal Copyright The international antimony product market ran relatively slowly in January 2023.Asian Metal Copyright .Asian Metal Copyright Although demand didn't pick up obviously, export prices of antimony products moved upwards owing to substantial appreciation of RMB.Asian Metal Copyright85%min prices increased to RMB80,000t USD11,642t; antimony trioxide 99.Asian Metal Copyright In order to avoid risks, Chinese exporters raised their export quotations, which stimulated export prices of Chinese antimony ingot 99.Asian Metal Copyright65%min suppliers in the international market could conclude deals at USD12,600-12,900t with limited in the market overall.Asian Metal Copyright65%min and antimony trioxide 99.5%min to rise to USD12,800/t and USD10,800/t FOB China respectively.Asian Metal CopyrightMarket Highlights Prices of antimony products kept increasing in both the Chinese and overseas markets in January 2023.Asian Metal Copyright Some antimony ingot 99.65%min suppliers in the international market could conclude deals at USD12,600-12,900/t with limited in the market overall.Asian Metal Copyright International suppliers kept their quotations firm due to tight supply in the spot market overall, but the demand trend in the international market was still pessimistic as consumers still had strong intention to wait on the sidelines in spite of small volumes of purchases from middlemen.Asian Metal Copyright International suppliers kept their quotations firm due to tight supply in the spot market overall, but the demand trend in the international market was still pessimistic as consumers still had strong intention to wait on the sidelines in spite of small volumes of purchases from middlemen.


    .Asian Metal Copyright All these factors supported antimony product prices to go up in China during January 2023Asian Metal Copyright
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