Chinese antimony ingot prices decrease slightly
2024-03-12 08:31:47 [Print]
BEIJING (Asian Metal) 12 Mar 24 - As prices stay hard to increase further, market show inactive orders as most consumers hold watchful attitudes. Currently, the mainstream prices of Chinese antimony ingot 99.85%min stand at 89,000-90,000/t (USD12,387-12,526/t)EXW D/P, down by RMB500/t (USD69.6/t) from late last week. Considering that most suppliers have no intentions to sell at any lower prices with limited stocks, insiders predict that the mainstream prices of Chinese antimony ingot 99.85%min would keep stable within this week.
A producer indicated that they offered about RMB90,000/t (USD12,526/t) EXW D/P for antimony ingot 99.85%min but they failed to sell at such prices as most consumers hold no intentions to purchase at prices above RMB90,000/t (USD12,526/t). The producer added, "If we want to make sales now, we only could sell antimony ingot 99.85%min at below RMB90,000/t (USD12,526/t) and we last sold about 64t at RMB89,000/t (USD12,387/t) one week ago". The producer added that they earlier sold about 32t at RMB90,000/t (USD12,526/t) early this month. Considering that the supply of raw materials, they have no intentions to sell at lower prices, the producer predicts that the mainstream prices of Chinese antimony ingot 99.85%min would keep flat in the coming week.
On basis of an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer produced about 3,000t in 2023. The output in March would reach around 300t, unchanged from last month. They hold about 400t of stocks at the moment, the same with last month.
Another producer disclosed that they offered about RMB90,000/t (USD12,526/t) EXW D/P for antimony ingot 99.85%min and they didn't sell at any lower prices. They last sold about 30t at RMB90,000/t (USD12,526/t) one week ago. The producer added, "Most consumers prefer to purchase at prices below RMB89,000/t (USD12,387/t) or hold strong watchful attitudes now". Most consumers prefer to watch the market with limited orders and there show inactive orders now. Considering that the supply of antimony ingot 99.85%min keep tight, insiders predict that the mainstream prices of Chinese antimony ingot 99.85%min would keep unchanged in the coming week.
With an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer didn't produce any products this month, unchanged from last month, and holding about 500t of stocks now, compared with 600t last month. They produced about 4,000t in 2023.
A producer indicated that they offered about RMB90,000/t (USD12,526/t) EXW D/P for antimony ingot 99.85%min but they failed to sell at such prices as most consumers hold no intentions to purchase at prices above RMB90,000/t (USD12,526/t). The producer added, "If we want to make sales now, we only could sell antimony ingot 99.85%min at below RMB90,000/t (USD12,526/t) and we last sold about 64t at RMB89,000/t (USD12,387/t) one week ago". The producer added that they earlier sold about 32t at RMB90,000/t (USD12,526/t) early this month. Considering that the supply of raw materials, they have no intentions to sell at lower prices, the producer predicts that the mainstream prices of Chinese antimony ingot 99.85%min would keep flat in the coming week.
On basis of an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer produced about 3,000t in 2023. The output in March would reach around 300t, unchanged from last month. They hold about 400t of stocks at the moment, the same with last month.
Another producer disclosed that they offered about RMB90,000/t (USD12,526/t) EXW D/P for antimony ingot 99.85%min and they didn't sell at any lower prices. They last sold about 30t at RMB90,000/t (USD12,526/t) one week ago. The producer added, "Most consumers prefer to purchase at prices below RMB89,000/t (USD12,387/t) or hold strong watchful attitudes now". Most consumers prefer to watch the market with limited orders and there show inactive orders now. Considering that the supply of antimony ingot 99.85%min keep tight, insiders predict that the mainstream prices of Chinese antimony ingot 99.85%min would keep unchanged in the coming week.
With an annual production capacity of 5,000t of antimony ingot 99.85%min, the producer didn't produce any products this month, unchanged from last month, and holding about 500t of stocks now, compared with 600t last month. They produced about 4,000t in 2023.
