Antimony Market Report October 2011

Among the Chinese National Day Holiday (from 1st – 7th Oct.Asian Metal Copyright5%min maintained the downward trend started in late September.Asian Metal Copyright), both buyers and sellers left the marker for enjoying the holiday, so the prices of antimony products kept steady.Asian Metal Copyright Major plastic producers in China revealed that their orders of plastic have decreased by around 40%, while small plastic producers reported a as high as 70% of demand decrease on low economy, and this is why the prices of antimony ingot and trioxide kept sliding in October.Asian Metal Copyright After the holiday, the prices of antimony ingot 99.Asian Metal Copyright After the holiday, the prices of antimony ingot 99.Asian Metal Copyright65%min and trioxide 99.Asian Metal Copyright5%min respectively dropped by RMB7,000t USD1,102t and RMB6,500t USD1,024t to RMB81,000-83,500t USD12,756-13,150t and RMB74,000-76,000t USD11,654-11,969t ex works, but few deals were finalized in spot market.Asian Metal Copyright5%min maintained the downward trend started in late September.Asian Metal Copyright Though smelters of antimony ingot in Lengshuijiang area, Hunan province maintained a halt-production and the supply of antimony ingot decreased by 4,000t per month, the prices of antimony ingot and trioxide were still going down.Asian Metal Copyright During more than three weeks, the prices of antimony ingot 99.Asian Metal Copyright5%min respectively dropped by RMB7,000t USD1,102t and RMB6,500t USD1,024t to RMB81,000-83,500t USD12,756-13,150t and RMB74,000-76,000t USD11,654-11,969t ex works, but few deals were finalized in spot market.Asian Metal Copyright65%min and trioxide 99.5%min respectively dropped by RMB7,000/t (USD1,102/t) and RMB6,500/t (USD1,024/t) to RMB81,000-83,500/t (USD12,756-13,150/t) and RMB74,000-76,000/t (USD11,654-11,969/t) ex works, but few deals were finalized in spot market.

The demand from plastic industry was very weak, which caused the demand for antimony trioxide, antimony ingot (raw material of antimony trioxide) and antimony ore (raw material of antimony ingot) to weaken. Though smelters of antimony ingot in Lengshuijiang area, Hunan province maintained a halt-production and the supply of antimony ingot decreased by 4,000t per month, the prices of antimony ingot and trioxide were still going down.Asian Metal CopyrightAmong the Chinese National Day Holiday from 1st – 7th Oct.Asian Metal Copyright Major plastic producers in China revealed that their orders of plastic have decreased by around 40%, while small plastic producers reported a as high as 70% of demand decrease on low economy, and this is why the prices of antimony ingot and trioxide kept sliding in October.Asian Metal Copyright, both buyers and sellers left the marker for enjoying the holiday, so the prices of antimony products kept steady.Asian Metal Copyright