Tin lower in London as China exports decline

Base metals prices were lower Friday as tin approached its biggest weekly decline in twenty years on news reports that exports of the metal from China dropped 21 percent in June from the previous year at the same time after rising 36 percent in the second quarter and going up by 72 percent in the first half of 2009.

The recent decline after those gains are seen as an indication that demand is declining.

Tin dropped $705 to $11,900 per tonne in late afternoon trade on the London Metal Exchange as inventories stood at 17,720 in LME warehouses, twice that at the end of 2008.

Copper prices were also lower in late afternoon trade in London, dropping $16 to $4,879 per tonne even though inventories fell 1.3 percent on the session to 258,575 tones as China's imports of the metal used in manufacturing and construction were up 53,333 tonnes from May's levels.

In New York, meanwhile, September copper dropped 3 cents to $2.21 per pound.

Aluminium, lead, zinc and nickel were all also lower in late London trade.

Among precious metals, August gold was down $3.90 to $912.30 per troy ounce in New York, while September silver was 29 cents lower to $12.65 per troy ounce and October platinum dropped $2.90 to $1,107.60 per troy ounce.

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Nonferrous metals price forecasts revised

LONDON: Several market analysts are now forced to eat their words nonferrous metals and revising their forecasts for 2009.

Several nonferrous metals analysts have already revised their predictions for spot nonferrous prices on the London Metals Exchange (LME).

Almost all of the revised forecasts are lower than 2008 averages and show slippage off actual midyear averages, which reflect a projected end of Chinese stockpiling and expectations of an anemic, if any, metalworking recovery late in the year.

According to purchasing.com website, Standard Chartered analysts now expect slight upward momentum in the world zinc price in 2010 as long as demand improves.

Besides that, Reuters News, Bloomberg News and Purchasing.com have tracked down these revisions and forecast price changes of base metals traded on the LME.

They include: Barclays Capital has raised its 2009 price forecasts for copper, lead, zinc, nickel and tin, and said signs of recovery in OECD demand looks set to underpin prices.

The emergence of some physical consumer buying in OECD markets is evidence that destocking has run it course. Although the short term outlook for copper market fundamentals is not very impressive, it expects downside pricing to be limited.

Barclays Capital raised its 2009 price forecast for copper to $1.96 from $1.83 projected earlier. LME copper prices at midyear were $2.27. Barclays Capital raised its 2009 lead metal price forecast to 67¢ from 63¢ and its zinc 2009 forecast to 64¢ from 61¢. The midyear average for LME lead was 75¢ with zinc at 70¢. On nickel prices, Barclays Capital raised its forecast for 2009 to $5.39/lb from $5.05 forecast earlier. It also lifted its 2009 forecast for tin to $5.71 from $5.53. At midyear, nickel averaged $6.70 with tin at $6.80.

Natixis forecasts copper prices to average $1.86/lb and aluminum prices to 61¢. The Natixis outlook sees the average price for lead at 63.5¢, nickel at $5.10, tin at $5.22 and zinc at 61¢. Numis Securities has changed its copper-price forecast for 2009 from $1.40/lb to $1.70.

Bank of America/Merrill Lynch Research analysts still expect copper prices to average $1.77, up from $1.54 projected earlier, while aluminum is forecast 20% higher at 68¢.However, "going forward, if government policies are successful in reigniting growth, physical commodity supply constraints could resurface, resulting in even more commodity price inflation," they write to clients.

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Indian participants hopes Antimony price will go down soon

Indian participants hopes Antimony price will go down soon

BEIJING (Asian Metal) 8 Jul 09 – Indian market participants reported that the hiking price of antimony ingot and trioxide is affecting the market buying. Many consumers start to watch the market without making purchases. Participants believe that the price of antimony ingot and trioxide will not hold high for long and may soon come down.

An Indian trader who usually imports three or four containers of antimony trioxide from China reported that the price of the material has been going up in last two weeks. "We bought one container of antimony trioxide 99.5%min at USD4,300/t CIF Indian main ports last week, but offers have gone up to USD4,350-4,400/t CIF Indian main ports this week," said the source.

The source felt that demand for antimony trioxide slows down because of the high price. Many of his customers are not making purchasing but watching the market instead. "The high price keeps buyers away from the market. If demand becomes slow, antimony trioxide price will soon fall down," said the source. Meanwhile, the source is selling at INR245-250/kg for antimony trioxide in the spot market.

Another Indian trader who mainly deals in antimony ingot predicts that the price of antimony products will go down at the end of July or early August.

The source confirmed that the high price of antimony ingot is hurting the market demand. Consumers cannot accept the price at as high as USD5,000-5,100/t CIF Indian main ports while the price was at USD4,200-4,300/t CIF Indian main ports three months ago. "Besides, we also sell antimony ingot to Europe. Many European buyers are going to take holidays, so the market will because quiet," said the source.

The source has not made purchases for antimony ingot recently due to the high price. He will keep a close eye on the market and will not rush into the market for the material. However, the source acknowledged that the supply is tight for now. As Chinese suppliers said, antimony concentrate is also in short. Therefore, the antimony ingot price may not drop dramatically even if it starts to move down.

Meanwhile, the source reported that antimony ingot is being offered at INR265-270/kg in the spot market.

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Antimony Trioxide Masterbatch

Application And Character:
high Efficiency6137235948ess-toxicity, And Environment(clean) Character Of This High Consistency Antimony Trioxide Master Batch, More Customers In Europe, Canada, Japan And Some Other Countries. Prefer To Know And Choose. This Product Is Made From High Quality Antimony Trioxide By Our Unique Process And Disperse Technique. According To Their Equipment Features, Customer Can Adopt Granule Or Dust-free Master Batch Mainly Used In Granule Of Engineering Plastics And Fire Retardant Of Plastic Master Batch Production Field.

packing:25 Kg/ Wpp Bag (with Liner Pe Bag), 1 Ton /pallet, Stored In Bleak & Dryness Area.

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Micro-encapsulation Red Phosphorus Flame Retardant Masterbatch

We are able to offer the following FR—P Phosphorus red flame retardant master batch price from our factory.

1.Introduction
       FR—P Phosphorus red flame retardant master batch is a additive-type environmental flame retardant.
After superfine processing,the diameter of phosphorus red D50 =3~5um,the superfine phosphorus red is coated treatment by inorganic compounds to prevent oxidized.it is good flame retardant master batch.

2.Features

1．Flame retardant effect is good,low cost,less affection to flame-retardant products mechanical properties,electrical properties.
2．FR—P flame retardant is Solid-phase flame-retardant mechanism,it can promote carbonization of polymer macromolecules,generating carbon and water,reducing fuel compounds.
3．With aluminum hydroxide,magnesium hydroxide,zinc borate etc.and other metal oxides used in conjunction with synergistic effect.
4．Meet  EU's "ROHS" and "WEEE" requirements

3. Performance and applicability

Brand	Appearance	Assay%	Burning point ℃	Applicability	Recommend addition %（3.2mm，V—0grade）
FR—P40	Purple particles	40	≥320	Glass,fiber PA6 、 PA66	12~16
FR—P25*	Purple particles	25	≥320	PA6 、 PA66	15~20

*Used in PA6、PA66 electrical connectors,in the polyolefin plastics (PE, PP, EVA, EPR) needed to used with aluminum hydroxide,magnesium hydroxide,zinc borate and the metal oxides.

4.Uesd method
    It do not require drying before use and can directly mixed with resin and additives.If damp during transport and storage,it need dry.

5、Package storage and transport

    PP bags with inner polyethylene film bag,the net weight is 25kg, cool dry storage under two years

Price and availability subject to confirmation. This price quoted supersedes all previous prices.
CNF prices also available, please email us for further details

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Re: Antimony Trioxide Twinkling Star Brand

We are able to offer the following Antimony Trioxide Twinkling Star Brand price from Hsikwangshan Twinkling Star
Origin: China
Quantity (MT): 40-100mt
FOB Price: USD4350/MT
Loading Port: Huangpu,port,China.
Specifications:
SB2O3: 99.5% min
PB: 0.1% max
AS: 0.6% max
FE: 0.6% max
CU: 0.6% max
SE: 0.005%max
Size: 0,5-0.9um
Packing: 25kg bags of 1MT each
Date Posted: 29th,June, 2009.
Price and availability subject to confirmation. This price quoted supersedes all previous prices.
CNF prices also available, please email us for further details

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Antimony trioxide prices rise in China

BEIJING (Asian Metal) 25 Jun 09 – Antimony trioxide prices rise in accord with the increase of antimony ingot price. Some producers start to quote RMB28,500/t ex works for antimony trioxide 99.5%min and RMB29,000/t ex works for material grading 99.8%min, RMB500/t higher than offers ten days ago, but many consumers find it hard to accept the increased price.
A Hunan-based producer raised the offer by RMB500-600/t to current RMB29,000/t ex works for antimony trioxide 99.8%min with low content of lead and is expected to conclude a few deals at such a price. "Our production cost increases on higher antimony ingot price, so like many other antimony trioxide producers, we lift our quotation for the material," said the source.
According to the source, although consumers understand the reason why producers increase offers, they are not willing to accept the price adjustment. "Nevertheless, we will insist on the current price; otherwise will suffer a loss," said the source. Meanwhile, the source revealed that the company is still fulfilling some contracts signed early this month at around RMB28,000/t ex works.
The source is conducting production according to orders with a monthly output of around 300t for the time being.
Another Hunan-based producer currently quotes RMB28,500/t ex works for antimony trioxide 99.5%min, up from RMB28,000/t ex works in mid-June, but has not concluded any deals so far this week. The source also attributes the markup of antimony ingot to the price increase of antimony trioxide.
Meanwhile, the source confirmed that the antimony trioxide market is not active and producers have difficulty in persuading consumers to accept higher prices. However, the source revealed that regular customers placed slightly more orders in May and June and they sold more products in the second quarter than they did in the first quarter. According to the source, the company is running normally with an output of around 300tpm but at a thin profit.
Meanwhile, a Guangdong-based trader raised the export offer for antimony trioxide 99.5%min to USD4,250/t FOB China early this week from previous USD4,200/t FOB China, for domestic suppliers raised quotations.

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