Antimony Market Report September 2011

In early September, smelters of antimony ingot in Lengshuijiang area stopped production owing to environmental problems, and suppliers and speculators together pushed the price of antimony products up.Asian Metal Copyright5%min went down to RMB88,500-91,000t USD13,893-14,286t and RMB81,500-83,500t USD12,794-13,108t ex works in spot market.Asian Metal Copyright The prices of antimony ingot 99.Asian Metal Copyright5%min rose to RMB97,000-99,500t USD15,228-15,620t and RMB85,500-87,500t USD13,422-13,736t ex works respectively from RMB88,500-91,000t USD13,893-14,286t and RMB79,000-81,000t USD12,402-12,716t ex works in early latter part of September, however, customers still took a hand-to-mouth purchasing style and there were few deals in spot market.Asian Metal Copyright65%min and trioxide 99.5%min rose to RMB97,000-99,500/t (USD15,228-15,620/t) and RMB85,500-87,500/t (USD13,422-13,736/t) ex works respectively from RMB88,500-91,000/t (USD13,893-14,286/t) and RMB79,000-81,000/t (USD12,402-12,716/t) ex works in early latter part of September, however, customers still took a hand-to-mouth purchasing style and there were few deals in spot market.

Till late September, as stock of many suppliers accumulated and the pressure showed gradually. Additionally, there was a rumor that smelters of antimony ingot in Lengshuijiang area would resume production after the 7-day long Chinese National Day holiday, and many sellers were worried about a further price decrease in October, so they began to decrease their offers step by step, and the prices of antimony ingot 99.Asian Metal CopyrightIn early September, smelters of antimony ingot in Lengshuijiang area stopped production owing to environmental problems, and suppliers and speculators together pushed the price of antimony products up.Asian Metal Copyright65%min and trioxide 99.5%min went down to RMB88,500-91,000/t (USD13,893-14,286/t) and RMB81,500-83,500/t (USD12,794-13,108/t) ex works in spot market.

.Asian Metal Copyright5%min rose to RMB97,000-99,500t USD15,228-15,620t and RMB85,500-87,500t USD13,422-13,736t ex works respectively from RMB88,500-91,000t USD13,893-14,286t and RMB79,000-81,000t USD12,402-12,716t ex works in early latter part of September, however, customers still took a hand-to-mouth purchasing style and there were few deals in spot marketAsian Metal Copyright