Friday, November 09, 2007
Antimony trioxide market steady
This week, European antimony market remained stable. 99.5%min Chinese origin antimony trioxide stable in the range of USD5,000-5,100/t in warehouse Rotterdam, and European origin material is selling in the range of EURO4-4.05/kg delivered to
An Italian trader sold 10t of 99.5%min Chinese antimony trioxide at around USD5,030/t in warehouse Rotterdam, and thinks the mainstream price of the material is in the range of USD5,000-5,100/t in warehouse Rotterdam. Material with Twinkling Star brand is about USD50-100/t more expensive.
The source takes that the market is a little quiet in last week that he only concluded one deal. "Demand is a little slow recently but price is stable at around USD5,000/t after the summer holiday," the source said and thinks that Chinese suppliers are still having strong control of the price for the material. Moreover, the price for antimony trioxide is proportional to the antimony ingot price which is currently stable at around USD5,600/t in warehouse Rotterdam.
An official from a UK consumer told Asian Metal that he buys 99.5%min antimony trioxide to produce flame retardant, and he buys from one of the European producer at EURO4,000/t delivered to customer. "Having compared the qualities and services, the Chinese material is not that much cheaper than the European material," remarked the source.
According to him, the demand of the downstream product is also stable as he mainly sells in Europe, and his demand of antimony trioxide is the same as last year. Talking about the market for the rest of the year, he takes that price will remain in the current level until next January. "Western countries will go on holiday for Christmas, New Year, then the Chinese will have Chinese New Year at the beginning of next year. Price could go either direction during the holiday seasons," said the official.
customer.
An Italian trader sold 10t of 99.5%min Chinese antimony trioxide at around USD5,030/t in warehouse Rotterdam, and thinks the mainstream price of the material is in the range of USD5,000-5,100/t in warehouse Rotterdam. Material with Twinkling Star brand is about USD50-100/t more expensive.
The source takes that the market is a little quiet in last week that he only concluded one deal. "Demand is a little slow recently but price is stable at around USD5,000/t after the summer holiday," the source said and thinks that Chinese suppliers are still having strong control of the price for the material. Moreover, the price for antimony trioxide is proportional to the antimony ingot price which is currently stable at around USD5,600/t in warehouse Rotterdam.
An official from a UK consumer told Asian Metal that he buys 99.5%min antimony trioxide to produce flame retardant, and he buys from one of the European producer at EURO4,000/t delivered to customer. "Having compared the qualities and services, the Chinese material is not that much cheaper than the European material," remarked the source.
According to him, the demand of the downstream product is also stable as he mainly sells in Europe, and his demand of antimony trioxide is the same as last year. Talking about the market for the rest of the year, he takes that price will remain in the current level until next January. "Western countries will go on holiday for Christmas, New Year, then the Chinese will have Chinese New Year at the beginning of next year. Price could go either direction during the holiday seasons," said the official.
Subscribe to:
Post Comments (Atom)
0 comment:
Post a Comment