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Antimony price remain stabilized in domestic market, while international prices are mixed

Writer:JIEFU       Date:2014/7/16 15:39:45

       Antimony market is stablethis week. Domestic Ingot price was kept at 55500-57000RMB per ton, with 9500-9800 USD per ton in FOB condition. Antimony trioxide was 48500-49500 RMB per ton, and FOB price was 7900-8100 USD per ton.

       In the international aspect, prices are mixed. Trading price in New York has slightly increased 5 cents per pound, from 430-440 cents per pound up to 435-445 pound, about 9600 USD per ton. MB price remains at 9500-9800 USD per ton, and LME price has declined to 9300-9500 USD per ton, with 200 USD falling both in high and low level.Inventory of Fanya Metal has reached 3140.15 tons ,284.16 tons more than previous quantity, with selling price of 67.3 per kilogram at present.

      Affected by the high cost, both ingot producer and oxide producer try to buy lower price material, but enterprise of antimony ore do not sell in low price and ingot is shortage in the market. Hence the mainstream is still stable. Many producers prefer to adjust production, reducing or halting productions are common among them.Due to the shortage supply can catch the weak demand, prices of antimony ingot and antimony trioxide will remain stabilized in the short term.


Category:Industry News