Antimony trioxide exporters reported to Asian Metal that antimony trioxide export market sees few deals as demand from overseas market becomes weak owing to the high price and some customers decreased their purchasing volume.
A Guangdong-based exporter who produces around 100tpm of antimony trioxide revealed that they offer USD15,100/t FOB China for antimony trioxide 99.8%min at this moment, and has not concluded any deals for almost three weeks. The source just exported 50t of antimony trioxide in February and said :" The antimony trioxide market moved slowly in the past month,"
According to the source, he got several inquiries in the past weeks, but no buyers placed orders after he quoted to them. "Overseas buyers are waiting for the price decrease," said the source. "Unless that they are eager to buy."
A Hunan-based exporter claimed that he offers USD14,900-15,200/t FOB China for antimony trioxide 99.8%min this week, unchanged compared to that late last week. "Demand from overseas market was weak as some antimony trioxide price hiked in the past month," said the source, revealing that he is selling small amount to regular customers.
The source revealed that he sells better in domestic market than in export market, and the closing price in domestic market is around RMB97,000-100,000/t (USD14,800-15,267/t).
Tuesday, April 5, 2011
Antimony trioxide export market sees few deals
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