Chinese manganese flake still in tight supply

BEIJING (Asian Metal) 11 Jan 13 - The production of manganese flake remains low in China, many producers hold no stocks in hand and just sell for futures market. Participants reveal that the ex-works price of manganese flake keeps stable at RMB13,400-13,600/t.

A Hunan-based manganese producer tells Asian Metal that he still offers RMB13,500/t for manganese flake, but he can not provide any goods for the spot market at this moment. "We can only deliver in late this month for end users who placed orders these days," said the source.

With a production capacity of 1,500-2,000tpm, the source states that he just releases one of the four production lines, reducing the output to below 500tpm. "I think the price will keep firm in the short term," adds the source, "Because the supply of raw materials like manganese ore is tightening due to the bad weather."

A Guangxi-based producer confirms that the price keeps stable temporarily, quoting RMB13,600/t for manganese flake. "The price in Guangxi is RMB100/t higher than those in other leading production sites," said the source, "And it is harder to purchase manganese now as the operating rate runs at a lower level."

"Most medium and small-sized producers have suspended the production, while over 90% of manganese flake in leading ones have been booked up by their regular domestic and foreign purchasers," he adds. Therefore, he agrees that the price is likely to keep firm before the Spring Festival as the social stock will maintain at a relatively low level.

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Antimony ingot market moves slowly

BEIJING (Asian Metal) 14 Jan 13 – The offer kept at around RMB67,000-68,000/t (USD10,754-10,915/t) ex works and RMB58,000-59,000/t (USD9,310-9,470/t) VAT excluded for antimony ingot 99.65%min from Chinese major producers, but the market saw thin deals after the New Year holiday (from December 29th, 2012 to January 3rd , 2013) with most market insiders watching the market.

A Guangdong-based antimony trioxide producer, who purchased 60t of antimony ingot 99.65%min at around RMB67,500/t (USD10,835/t) delivered from a regular supplier in Hunan after the holiday, reported that offers he got are around RMB67,500-68,000/t (USD10,835-10,915/t) ex works after the holiday. "We take a hand-to-mouth purchasing style," said the source, adding that he does not plan to replenish in the short term.

The source holds a watchful attitude toward the future market. "It is reported that most suppliers refuse to sell at lower prices, and some of them will stop production in the following days if the market continues to be quiet," added the source.

A Hunan-based antimony ingot producer with an output of about 300tpm told Asian Metal that the market was quiet after the New Year holiday, but his offer kept at RMB67,000-68,000/t (USD10,754-10,915/t) ex works for antimony ingot 99.65%min, unchanged in the past ten days. "Antimony ingot market saw a few deals in the past days, and I will stop production in the following week," said the source.

The source reported that the price of antimony concentrates 45% kept at around RMB530/mtu (USD85.07/mtu) VAT included in the past weeks, but as antimony ingot market saw weak demand and producers claimed no profit to purchase raw material at this moment, deals for antimony concentrates was thin.

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Ordinary grade Antimony trioxide

Currently, our best price of the Antimony  trioxide is as below.

 

Refer price: (Price can be specific consultations)

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99.8%min gread

Refer price : CIF BUSAN 9880USD/MT---

Specification: Sb2O3 99.8%min  ,pbo 0.04%max,as2o3 0.04%max,cuo

0.006%max,fe2o3 0.006%max.Cd:0.001%max,Average particle size: about 0.4-0.9um,Whiteness:

96min

PS:the application of environmental and safety requirements of the special places of high use engineering plastics

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99.8%min gread

Refer price : CIF BUSAN 9850USD/MT---

Specification: Sb2O3 99.8%min  ,pbo 0.08%max,as2o3 0.05%max,cuo

0.006%max,fe2o3 0.006%max.Cd:0.001%max,Average particle size: about 0.4-0.9um,Whiteness:

96min

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99.5%min grade

refer price : CIF BUSAN  9800USD/MT---(LOW leveled Cd element)

Specification: Sb2O3 99.5%min  ,pbo 0.1%max,as2o3 0.05%max,cuo

0.06%max,fe2o3 0.06%max.Cd:0.001%max,Average particle size: about 0.9-1.6um,Whiteness:

95min

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Recommend ordinary 99.5%min grade :CIF NHH 9600USD/MT---(over-leveled Cd element)

Specification I : Sb2O3 99.5%min  ,pbo 0.1%max,as2o3 0.05%max,cuo

0.06%max,fe2o3 0.06%max.Cd:0.01%max,Average particle size: about 0.9-1.6um,Whiteness:

95min

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Recommend 99.4%min grade:CIF NHH 9400USD/MT---(Off-grade )

Specification II : Sb2O3 99.4%min  ,pbo 0.1%max,as2o3 0.06%max,cuo

0.06%max,fe2o3 0.06%max.Cd:0.01%max,Average particle size: about 0.9-1.6um,Whiteness:

94min

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Recommend 99%min grade:CIF NHH 9200USD/MT---(Off-grade )

Specification II : Sb2O3 99%min  ,pbo 0.15%max,as2o3 0.6%max,cuo

0.06%max,fe2o3 0.06%max.Cd:0.01%max,Average particle size: about 0.9-1.6um,Whiteness:

93min

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Ethylene glycol antimony market quiet

BEIJING (Asian Metal) 5 Jan 13 – As market insiders just come back from the New Year holiday and there are a few offers and inquiries in the spot market, there ethylene glycol antimony market is quiet.

A Hunan-based producer with an output of about 200tpm told Asian Metal that he offers about RMB54,000/t (USD8,668/t) ex works for wet ethylene glycol antimony 55% at this moment, the same as that before the New Year holiday. "I got several calls for the offer, but I know very few of them will make purchase at this moment," said the source, adding a stock of about 200t now.

The source also learned the closing price of ethylene glycol antimony reached RMB53,000/t (USD8,507/t) ex works before the holiday for wet ethylene glycol antimony 55%. "I will stop production before the Spring Festival holiday if the market keeps so quiet," said the source.

Another Henan-based producer with an output of about 100tpm told Asian Metal that he offers about RMB54,000-55,000/t (USD8,668-8,828/t) ex works for dry ethylene glycol antimony now, unchanged compared with that before the holiday. "Demand from downstream industry decreases, and the price of ethylene glycol antimony does not have support, but producers got losses in the past year, so they all want to raise the offer," said the source, revealing a stock of about 280t at hand at this moment.

The source claimed that some suppliers accepted RMB53,000/t (USD8,507/t) ex works to sell wet ethylene glycol antimony 55% before the holiday to get capital turnover. "However, after the holiday, the situation will be better," said the source.

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Antimony ingot suppliers stop offering

BEIJING (Asian Metal) 28 Dec 12 – The New Year holiday (around 1st January 2013) is coming and many suppliers stop offering at this moment, claiming the present price is profitless and it is too late to sell the material for getting capital turnover now.

A Hunan-based producer with an output of around 300tpm told Asian Metal that he sold a batch of antimony ingot 99.65%min at RMB67,500/t (USD10,835/t) delivered early this week and stopped offering in previous day. "Buyers are inactive in making replacing as a pessimistic attitude spreads around the spot market, and some market insiders do not have confidence in the market rebound after the New Year holiday," said the source.

The source holds around 400t of antimony ingot in stock now, and holds a watchful attitude toward the market after the New Year holiday.

A Guangdong-based consumer who purchases around 120-160tpm reported to Asian Metal that his supplier refused to offer for antimony ingot 99.65%min at this moment. "They are busy with the clearance for the year and waiting for the New Year holiday at the same time," said the source, adding that the supplier offers RMB67,000/t (USD10,754/t) ex works for antimony ingot 99.65%min early this week.

The source claimed that some smelters will stop for maintenance after the New Year holiday as most of them have stocks and the Spring Festival holiday (February 9-15th) is coming.

Email:samjiefu@gmail.com          
The Leading Chinese Supplier of Antimony-One of China\'s 11 licensed antimony exporters

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Participants expect antimony trioxide price to rise

BEIJING (Asian Metal) 8 May 12 – Antimony trioxide market becomes more active these days than that of late April. Some traders have already raised antimony trioxide prices, influenced by the upward tendency in the global market.

A Shanghai-based trader reported to Asian Metal that they bought 10 tons of antimony trioxide at RMB70,000/t (USD11,146/t) delivered on Monday. "I expect antimony trioxide price to pick up in the near future," said the source.

The source, who trades over 100 tons of antimony trioxide yearly, reviewed that many suppliers of antimony trioxide start to raise prices.

A Hunan-based producer, who produces 200-300 tons of antimony trioxide monthly according to the demand, reported to Asian Metal that they offer antimony trioxide 99.5% at RMB68,000-69,000/t (USD10,828-10,987/t) ex works and will keep its prices stable this week. "Most deals are concluded at around RMB69,000/t (USD10,987/t) ex works" said the source, holding around 100 tons of stocks.

The source, who traded 200 tons of antimony trioxide in April, reviewed that the market in May is more active than that of late April, because end users increase their purchases, for fear that antimony trioxide prices will pick up. He will watch the market, but he expects the rising tendency of antimony trioxide not to last long, due to dull demand from downstream market.

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Antimony trioxide export market sees few deals

BEIJING (Asian Metal) 4 May 12 – Market insiders reported to Asian Metal that antimony trioxide export market is sluggish with price keeping stable generally at about USD11,200-11,300/t FOB China.

A Guangdong-based trader with a trading volume of about 140tpm told Asian Metal that his offer was about USD11,250-11,300/t FOB China for antimony trioxide 99.5%min in the past two weeks and keeps the offer after the May Day holiday (29th April – 1 May). "I concluded an order at around USD11,200/t FOB China just after the May Day holiday," said the source.

Another antimony trioxide exporter from Guangdong revealed that he keeps the offer at USD11,250-11,300/t FOB China for antimony trioxide 99.5%min after the holiday, the same as that ten days ago. "I hold 40-50t of antimony trioxide in stock and replenish after getting orders from overseas market," said the source, adding that his export volume decreased by 50% compared with that in 2010.

Commenting on the market, both the sources revealed a sluggish movement in antimony trioxide market in the past month, but customers from overseas market gradually accept above USD13,500/t FOB China for antimony ingot 99.65%min after the crackdown of Chinese Vietnam border illegal business, so the antimony trioxide produced in European market is not competitive compared with that exported from China in the future, and they expect the antimony trioxide export price will hover at present level in the short term.

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