Cobalt oxide market in thin trading though the price keeps rising

12 Nov 09 – With cobalt oxide price keeping increasing from 235-245/kg (USD34.41-35.87/kg) to about RMB240-250/kg (USD35.14-36.60/kg), there are not many deals concluded in the cobalt oxide market. Most producers believe that cobalt oxide price will probably not go up dramatically further.
A producer in Zhejiang, with an output of about 100tpm of cobalt oxide, told Asian Metal that cobalt oxide market gets quiet and the price has gone up to about RMB245/kg (USD35.87/kg), higher than RMB240/kg (USD35.14/kg) last week. "There are not many deals concluded right now," said the source.
For the reasons, the source believes that demand is not strong, especially from export market, cutting by about 50% than the previous years. On the other hand, when it becomes cold, demand from northern regions will be affected to some extent. Furthermore, the source pointed out that there is large stock held by downstream factories. "As I learn from downstream factories, most of them hold stock enough for the production for about one month," said the source.
Another producer in Guangdong, with an output of around 10tpm of cobalt oxide, reported to Asian Metal that their deals are concluded at the price of RMB240-250/kg (USD35.14-36.60/kg) at present. With the price getting higher, they receive few inquiries and make few deals. "Most consumers are watching the market and traders have held stock at hand," said the source.
Therefore, the source is not too optimistic about the future market and he believes the price will not go up drastically in the near future.

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South Korean FeMo dealers appear considering low bids

12 Nov 09 – As the international ferromolybdenum prices appear softening, some of Korean dealers who have been holding back offers expecting higher prices are reportedly having a second thoughts and are beginning to consider bids at, and below, USD28.00/kg Mo delivered.
A dealer reportedly offered 20t to a Taiwanese steel mill at USD29.50/kg Mo but lost the deal to another dealer that accepted bids at USD28.00/kg delivered with payment terms and described current trend as not a good time to sell. "Price is dropping again yet end-users are not in the market with enquiries," said the source.
Another source dealer held a less optimistic view about the future market revealing that even though he expect some 50-80t tender from POSCO next week, if the bids fall below USD28.00/kg Mo delivered, he would not participate and would rather wait for the market to pick up, hopefully early next year. "We're going to wait for one week and see if it will change before we decide what next," said the source.
And for the molyoxide material, mainstream prices remain in the range of USD11.30-11.60/lb, but an official of a trading company disclosed to Asian Metal the company's floor price at this moment remains at USD13.00/lb and have couple of months' threshold to keep the material in the hope the market shore up by early next year.
The source reportedly received enquiries worth more than 100t from Chinese buyers with price indication at USD11.00/lb but could not consider giving out any offer on such a low price.

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Phosphorus fire retardant --- Triethyl Phosphate

Phosphorus fire retardant --- Triethyl Phosphate
Simplename:	TEP	Synonyms:	Phosphoric acid triethyl ester; Ethyl Phosphate; TEP; Phosphoric
CAS#:	78-40-0	Molecular Weight:	182.16
Molecular:	(CH3CH2O)3PO
Quality:	Items Index Appearance Achromatic transparent liquid Assay % 99.5min Acid Value(mgKOH/g) 0.05max Acidity(as H3PO4%) 0.01max Refractive Index(nD20) 1.4050~1.4070 Water Content % 0.2max Density D2020 1.069~1.073
Chemical properties:	It is achromatic transparent liquid; melting point –56.5℃.; boiling point 215~216℃; flash point 115.5℃; relative density 1.0695(20℃); refractive index(20℃) 1.4055. Fully dissolving in water. Easily dissolving in organic solvent of etanol, ethyl ether, benzene etc.
Use:	Used as fire-retardant, strength agent of rubber and plastic and the material of pesticides, aging and steady agent of resin.
Productivity:	6000tons/year
Packing:	200kgs/iron drum, Measurement:560×890mm; 1000KGS/IBC; 20-23MTS/ISOTANK.

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Phosphorus fire retardant --- TRI-ISOBUTYL PHOSPHATE

Phosphorus fire retardant --- TRI-ISOBUTYL PHOSPHATE
Simplename:	TIBP	Synonyms:	TIBP
CAS#:	126-71-6	Molecular Weight:	266.32
Molecular:	C12H27O4P
Quality:	Index name Index First grade Qualified product Appearance colorless clear colorless clear Assay % ≥99.5 ≥99 Acid value（mgKOH/g） ≤0.05 ≤0.1 Moisture % ≤0.1 ≤0.2 Refractive index 1.405~1.407 1.403~1.406
Chemical properties:	colorless clear liquid, relative density d2040.96, boiling point 278℃
Use:	used to produce defoamer and solvent
Productivity:	3000tons/year
Packing:	25kg plastic drum or 200kg galvanized metal pail

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Phosphorus fire retardant --- Tributoxy Ethyl Phosphate

Phosphorus fire retardant --- Tributoxy Ethyl Phosphate
Simplename:	TBEP、TBXP	Synonyms:	TBEP, Tris(2-butoxyethyl) phosphate
CAS#:	78-51-3	Molecular Weight:	398.48
Molecular:	C18H39O7P
Quality:	Items Index Appearance Colorless or light-yellow transparent liquid Refractive Index (25°C) 1.432-1.437 Fire Point °C 252 Flash Point °C 224 Boiling Point °C 222 Density(20/20°C) 1.017-1.023 Acid Value(mgKOH/g) 0.1max Color Index(APHA PT-CO) 80max Viscosity (20°C) 12 mPas Water Content % 0.2%max
Chemical properties:	The product is used as the flame retardant agent for polyurethane, cellulose, polyethylene alcohol etc. formed hard plastics. It is characterized by low temperature.
Use:	The product is used as the flame retardant agent for polyurethane, cellulose, polyethylene alcohol etc. formed hard plastics. It is characterized by low temperature.
Productivity:	3000tons/year
Packing:	200kgs/iron drum, Measurement:560×890mm; 1000KGS/IBC; 20-23MTS/ISOTANK.

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Phosphorus fire retardant --- Tris(2-chloroisopropyl) phosphate

Phosphorus fire retardant --- Tris(2-chloroisopropyl) phosphate
Simplename:	TCPP	Synonyms:	TCPP, tris(1-chloro-2-propyl) phosphate
CAS#:	13674-84-5	Molecular Weight:	327.56
Molecular:	C9H18Cl3O4P
Quality:	Index Specification Appearance Colorless or light-yellow transparent liquid Color(APHA) 80MAX Acidity(mgKOH/g) 0.10MAX Water Content分 0.10%MAX Flash Point ℃ 210 Viscosity(25°C) 67±2CPS Phosphorus Content 9.40% Refractive Index 1.4630-1.4645 Specific Gravite 1.280-1.290
Chemical properties:	It's light-yellow or oil liquid and is resolved in benzene, alcohol etc., is unresolved in water and fat hydrocarbon.
Use:	It's fire retardant of rubber and painting, and also used as the material of polyurethane foams, adhesives and other resins.
Productivity:	5000tons/year
Packing:	250kgs/iron drum, Measurement:560×890mm; 1000KGS/IBC; 20-23MTS/ISOTANK.

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Increased buying pushes silicon higher

London 06 November 2009 14:38

Silicon outside of China traded higher on Friday as buyers come to the market to cover for the rest of year with the expectation that prices will firm further.

The range rose to €1,680-1,730 per tonne ($2,496-2,571) from €1,650-1,700 per tonne previously on increased sales and bullish sentiment.

One trader reported selling around 500 tonnes of silicon metal this week and noted more consumer enquiries from the automotive sector.

"We sold 553 and 441 between €1,700 and €1,800 [per tonne fca]," the trader said.

"Business has picked up this week. I think it will be like this until December," he said, adding that the spot market would remain firm given the tightness in supply.

Both Chinese and Western prices are on the rise, a second trader told MB, confirming a sale of 50 tonnes of 441 material at €1,730 fob.

"There isn't too much material around. I could have done more but it's not easy to buy [replacement] material," he added.

A consumer from the automotive sector reported buying silicon this week at €1,700 per tonne, but did not provide further details of the purchase.

More enquiries have turned into business, a European producer source said, having completed transactions of 100-tonne lots at €1,740 fob for 553 metal and €1,775 for higher grades.

"It seems like things are on the move up," he said, also attributing the rise in prices to a tighter market.

There have been some aggressive offers in the market, a third trader noted.

"I haven't done any business this week but we have been offered at around €1,700," he confirmed.

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