Chinese high purity arsenic prices stable
2024-03-07 08:22:10 [Print]
BEIJING (Asian Metal) 7 Mar 24 - Chinese arsenic metal 99.9999%min market saw slow movements over the past two weeks. Despite that most buyers held back from purchasing due to soft demand, most suppliers held their prices stable due to thin profits. Therefore, the current mainstream prices of Chinese arsenic metal 99.9999%min stand at RMB260-270/kg (USD36.27-37.67/kg) delivered T/T 30 days, in line with one week ago. Insiders believed that the prevailing prices of Chinese arsenic metal 99.9999%min would stay unmoved in the upcoming days as most suppliers had no intention to lower prices.
A South-China-based producer mentioned that they had no intention to sell arsenic metal 99.9999%min at prices lower than RMB260/kg (USD36.27/kg) delivered T/T 30 days at present, in line with one week ago. They last sold 1t at RMB260/kg (USD36.27/kg) late last month. The producer said, "We predicted that the mainstream prices of Chinese arsenic metal 99.9999%min would hover at the current price level as we had no intention to lower price due to thin profits".
The producer , with a production capacity of 30tpy of arsenic metal 99.9999%min, holds 3t of stocks now, up by about 1t from the end of last month. They expected to produce about 1t this month, unchanged from last month.
Another producer in South China disclosed that they considered selling arsenic metal 99.9999%min at the price as low as RMB270/kg (USD37.67/kg) delivered T/T 30 days now, without much change from one week ago. "We last sold around 500kg at RMB270/kg (USD37.67/kg) early last week", said the producer. Despite that the downstream purchased inactively, they had no intention to mark down their price as they had difficulty making a profit at the current price.
The producer, based on a production capacity of 30tpy of arsenic metal 99.9999%min, intended to produce around 1.5t in March, in line with last month. They hold around 3t of stocks at the moment, the same as last month. They produced around 22t in 2023.
A South-China-based producer mentioned that they had no intention to sell arsenic metal 99.9999%min at prices lower than RMB260/kg (USD36.27/kg) delivered T/T 30 days at present, in line with one week ago. They last sold 1t at RMB260/kg (USD36.27/kg) late last month. The producer said, "We predicted that the mainstream prices of Chinese arsenic metal 99.9999%min would hover at the current price level as we had no intention to lower price due to thin profits".
The producer , with a production capacity of 30tpy of arsenic metal 99.9999%min, holds 3t of stocks now, up by about 1t from the end of last month. They expected to produce about 1t this month, unchanged from last month.
Another producer in South China disclosed that they considered selling arsenic metal 99.9999%min at the price as low as RMB270/kg (USD37.67/kg) delivered T/T 30 days now, without much change from one week ago. "We last sold around 500kg at RMB270/kg (USD37.67/kg) early last week", said the producer. Despite that the downstream purchased inactively, they had no intention to mark down their price as they had difficulty making a profit at the current price.
The producer, based on a production capacity of 30tpy of arsenic metal 99.9999%min, intended to produce around 1.5t in March, in line with last month. They hold around 3t of stocks at the moment, the same as last month. They produced around 22t in 2023.
