Antimony trioxide,Antimony ingot export price stays high

3 Feb 10 – Antimony trioxide export price remains stable at a comparatively high level. Most suppliers are quoting at USD6,100/t FOB China, but some others would like to hold their prices a little higher than this popular offer.
A Hunan-based supplier, whose monthly trading volume is about 100-200t, revealed to Asian Metal that they are offering at USD6,100/t FOB China. Despite they can accept the price a bit lower than the offer, there still have not been any deals concluded yet. "Overseas buyers are reluctant to purchase in view of such a high price," the source explained, adding that some foreign customers are active in checking the price.
The source believes that antimony trioxide price will keep on this level in February due to the high price of antimony ingot, the raw material. "I guess it is unlikely for the price to slide down before the Spring Festival, and it might also stay firm for several days when we return after the holiday," the source said.
Another supplier also from Hunan, who sells about 200t of antimony trioxide every month to overseas market, claimed they insist on holding at USD6,150/t FOB China at present. "We have sold a little antimony trioxide at this price. Meanwhile, we are fulfilling some contracts signed in the middle of last month at around USD5,850/t FOB China," the source said.
"Because of the high replacement cost, we have to keep our price firm. I think some buyers who really need antimony trioxide will purchase although the price is high, for they have to maintain their production," the source said, expecting the price to be stable at least this month.