Producers reported to Asian Metal that antimony trioxide market moves slowly
A producer in Guangdong claimed that she kept her offer at around RMB98,500/t (USD15,038/t) ex works for antimony trioxide 99 . 8%min, and the same as that in last week . While she just sold around 30t in the past ten days .
The source produces around 300t of antimony trioxide every month and holds around 200t in stock now . She predicts that antimony trioxide price will continue to increase slightly in the following week . "I can't see any motivations which will drive antimony trioxide price to decrease in early April," said the source .
A major producer in Hunan with an output of around 400tpm revealed that he sold less than 10t of antimony trioxide 99 . 8%min at RMB98,000/t (USD14,961/t) ex works on Monday . Currently, he has 260t of antimony trioxide in stock, and he isn't ready to purchase antimony ingot to continue production as he thinks antimony trioxide price cannot hold firm for a long time .
The source stated that it is hard to conclude deals because buyers are not willing to make purchases due to the increasing price in antimony trioxide market . "I am not eager to sell as I don't have much antimony trioxide inventory," he said .
As manufacturer specialized in manufacturing of Antimony trioxide and Non-Halogen Flame Retardant,Since 2000, JIEFU have pioneered the manufacturing of flame retardant masterbatches in China.JIEFU initiated from custom flame retardant compounding of all commodity and engineering plastics to technologically sound production of fiame retardant masterbatches under the brand name JIEFU masterbatches.
Tuesday, April 5, 2011
Antimony trioxide market moves slowly
Posted by Metal Supplier at 4:08 AM
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