Antimony market has seen its slight steady in these days. Chinese 2# antimony ingot prices at 55000-57000RMB per ton in ex-factory, 9700-9800 USD per ton in FOB. Antimony trioxide is at 48000-50000RMB per ton in ex-factory, slipped a little from last week, 9700-9800 USD per ton in FOB. Overseas consumer market has shrunk to weakened purchasing power, leading to curtain difference between market price and low price expected by buyers. With spark deals being made, antimony market is in slump.

       The cause mainly lies in the present shortage supply of antimony ore. Producers of antimony ingot have operated at high cost of raw material and low profit. Some producers, as of Hunan and Guangxi, has cut back or shut down production. This sort of action is more frequent than that of previous year, making stable supply of antimony ingot. At the same time, conflict in China-Vietnam bounder has blocked the smuggling channel, making it tight to supply. The increasing inventory by Fanya has not yet made effect on the market over a period of time.

       Taking into account of consumer market as LED in present lifeless economies, downstream demand could not make a positive effect on ingot price. With coming of middle year, some producers are willing to sell at a low price to get their capital return under the capital pressure. All these factors implied that the Antimony market would remain stable but with slight price decline of Antimony trioxide in the short term.