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Sunday, September 23, 2007
China Tin stops exporting indium due to low prices
Liuzhou China Tin, one of the leading indium producers in China, has stopped exporting indium due to low market prices, an official of the company told Platts on Monday.
"We haven't made an actual deal recently as we think the price is too low, and we have decided to stop selling our indium now," the official in charge of indium metal market said in an email response to a Platts query. He added that his company's indium production level is unchanged for 2007 as there is no change in the zinc production plan. The company has capacity to produce 30-40 mt/year of indium metal.
According to several trade sources, Liuzhou China Tin is the largest indium exporter in China, with a license to export up to 23 mt of indium ingot this year. Another 17 licensed exporters are allowed to export less than 20 mt.
Liuzhou China Tin sells indium mainly in China and exports to Taiwan, the official told Platts earlier.
Indium price directions are mixed, according to Platts assessments. Traders in China and Japan said some traders in Hong Kong and Taiwan are offering 99.99% indium at $490/kg on a CIF basis this week. On the other hand, spot deals involving more than 1 mt of metal have been concluded in the last two weeks at levels above $580/kg on a CIF basis to South Korea. Meanwhile, a Chinese producer in Guangxi province is offering to sell at $550/kg CIF, at a level between the highest and the lowest price levels.
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MSN: xubiao_1996@hotmail.com
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"We haven't made an actual deal recently as we think the price is too low, and we have decided to stop selling our indium now," the official in charge of indium metal market said in an email response to a Platts query. He added that his company's indium production level is unchanged for 2007 as there is no change in the zinc production plan. The company has capacity to produce 30-40 mt/year of indium metal.
According to several trade sources, Liuzhou China Tin is the largest indium exporter in China, with a license to export up to 23 mt of indium ingot this year. Another 17 licensed exporters are allowed to export less than 20 mt.
Liuzhou China Tin sells indium mainly in China and exports to Taiwan, the official told Platts earlier.
Indium price directions are mixed, according to Platts assessments. Traders in China and Japan said some traders in Hong Kong and Taiwan are offering 99.99% indium at $490/kg on a CIF basis this week. On the other hand, spot deals involving more than 1 mt of metal have been concluded in the last two weeks at levels above $580/kg on a CIF basis to South Korea. Meanwhile, a Chinese producer in Guangxi province is offering to sell at $550/kg CIF, at a level between the highest and the lowest price levels.
We can supply any quantity and any kind of Antimony products and fire retardant from stock.would you please inform us how many you need and your target price, then we will confirm ASAP. We are sincerely hope to do business with you and establish long term business relationship with your respectable company.
Look forward to hearing from you soon.
Best regards,
Sam Xu
MSN: xubiao_1996@hotmail.com
GMAIL: samjiefu@gmail.com
SKPYE:jiefu1996
Fire retardant masterbatch
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