Antimony trioxide,Antimony Ingot market stable

The antimony trioxide price keeps comparatively stable this week, although it is higher than last week's level because producers have raised offers on higher production cost caused by the increased price of antimony ingot, market sources reported to Asian Metal.
A Hunan-based producer, with a capacity of around 200tpm, currently offers RMB28,000/t (USD4,094/t) ex works for antimony trioxide 99.5%min, RMB500/t (USD73) higher than the offer at the end of May, but finds it hard to persuade end users to accept this price. "The antimony ingot price has risen to RMB30,500-31,000/t (USD4,459-4,532/t) ex works from RMB29,500-30,000/t (USD4,313-4,386/t) ex works one month ago, so we have to raise our quotation for antimony trioxide," said the source. However, the source revealed that demand for antimony trioxide remains slack and end users are reluctant to accept the price increase.
To avoid risks, the source produces antimony trioxide after receiving orders from customers. "We dare not hold large quantities of antimony ingot on hand, and not hold inventories of antimony trioxide, either," the source added.
The source anticipates that the it will be hard for antimony ingot price to rise further, and the antimony trioxide market is likely to remain stable in the following one or two weeks.
A South China-based consumer plans to buy 20t of antimony trioxide 99.8%min with special requirement for the content of impurity. "Major producers offer us as high as RMB29,000/t (USD4,240/t) ex works with six months D/A, but we may have to accept the price because the product we're inquiring is with superior quality," said the source.
Meanwhile, the source reported that the antimony trioxide market goes stable and the price for standard antimony trioxide 99.5%min is in a range of RMB27,500-28,000/t (USD4,020-4,094/t) ex works for cash payment.