Tuesday, April 05, 2011
Antimony trioxide market moves slowly
Producers reported to Asian Metal that antimony trioxide market moves slowly
A producer in Guangdong claimed that she kept her offer at around RMB98,500/t (USD15,038/t) ex works for antimony trioxide 99 . 8%min, and the same as that in last week . While she just sold around 30t in the past ten days .
The source produces around 300t of antimony trioxide every month and holds around 200t in stock now . She predicts that antimony trioxide price will continue to increase slightly in the following week . "I can't see any motivations which will drive antimony trioxide price to decrease in early April," said the source .
A major producer in Hunan with an output of around 400tpm revealed that he sold less than 10t of antimony trioxide 99 . 8%min at RMB98,000/t (USD14,961/t) ex works on Monday . Currently, he has 260t of antimony trioxide in stock, and he isn't ready to purchase antimony ingot to continue production as he thinks antimony trioxide price cannot hold firm for a long time .
The source stated that it is hard to conclude deals because buyers are not willing to make purchases due to the increasing price in antimony trioxide market . "I am not eager to sell as I don't have much antimony trioxide inventory," he said .
. Buyers are not active to make purchases owing to price increase of antimony trioxide, while sellers are reluctant to sell at lower price .
A producer in Guangdong claimed that she kept her offer at around RMB98,500/t (USD15,038/t) ex works for antimony trioxide 99 . 8%min, and the same as that in last week . While she just sold around 30t in the past ten days .
The source produces around 300t of antimony trioxide every month and holds around 200t in stock now . She predicts that antimony trioxide price will continue to increase slightly in the following week . "I can't see any motivations which will drive antimony trioxide price to decrease in early April," said the source .
A major producer in Hunan with an output of around 400tpm revealed that he sold less than 10t of antimony trioxide 99 . 8%min at RMB98,000/t (USD14,961/t) ex works on Monday . Currently, he has 260t of antimony trioxide in stock, and he isn't ready to purchase antimony ingot to continue production as he thinks antimony trioxide price cannot hold firm for a long time .
The source stated that it is hard to conclude deals because buyers are not willing to make purchases due to the increasing price in antimony trioxide market . "I am not eager to sell as I don't have much antimony trioxide inventory," he said .
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