Manganese flake production cost keeps firm

Participants reported to Asian Metal that manganese flake price went down to about RMB14,800-15,000/t (USD2,167-2,196/t) ex works last week, and however manganese production cost keeps firm these days. As manganese ore price and vitriol price keeps high, smelters are reluctant to sell.

A manganese flake smelter in Hubei, with an output of about 1,600tpm, revealed to Asian Metal that manganese flake price went down to about RMB14,800-14,900/t (USD2,167-2,182/t) ex works, and if the price continues to decrease to below RMB14,800/t (USD2,167/t) ex works, some smelters who depend on buying manganese ore have to halt production for negative profit, with the firm production cost.

"I singed an order of about 300t of manganese flake at RMB14,900/t (USD2,182/t) ex works last Friday, and most consumers are still holding a hesitant attitude about the future market. I think there is not much room for the price to decrease," said the source. Putting the export offer at RMB2,850/t FOB, he does not make any export deals these days.

Another manganese flake smelter in Chongqing, with an output of 900tpm, reported to Asian Metal that he sold about 300t manganese flake at RMB14,900/t (USD2,182/t) ex works to both steel mills and a trader last Thursday, and current manganese price is about RMB14,800-15,000/t (USD2,167-2,196/t) ex works. "Some smelters sell at RMB14,800/t (USD2,167/t) ex works to return the capital quickly, but most smelters are reluctant to sell at this price," said the source.

While manganese ore and vitriol price keeps high, and selenium dioxide price is about RMB500/kg (USD73.21/kg), manganese production cost still keeps firm, reported the source, thinking the price does not decrease continuously.

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Electrolytic manganese flakes suppliers optimistic about the market

Participants reported to Asian Metal that electrolytic manganese dioxide producers hold an optimistic attitude about the future market, while the production cost increased, and producers think electrolytic manganese dioxide price will rise a bit. Some producers want to raise the price in April.

A Hunan-based electrolytic manganese dioxide producer, with a capacity of about 12,000tpy, revealed to Asian Metal that price of electrolytic manganese dioxide used in alkaline battery grade is about RMB10,500-11,000/t (USD1,537-1,611/t) ex works and he made some deals at RMB10,500/t (USD1,537/t) ex works these two days. The source wants to raise the price to about RMB11,200/t (USD1,640/t) ex works early next month.

According to the source, manganese ore and vitriol price goes up these days, and the production cost of electrolytic manganese dioxide increases. The source thinks electrolytic manganese dioxide price will go up in the near future.

Another Hunan-based electrolytic manganese dioxide producer, with a capacity of about 12,000tpy, revealed to Asian Metal that the price of electrolytic manganese dioxide used in alkaline battery grade is about RMB11,000/t (USD1,611/t) ex works. He will expand a new project with a capacity of about 15,000tpy and it will be in operation late this year.

The source supplies regular volume of electrolytic manganese dioxide for battery consumers in domestic market, and the demand is relatively stable. However, the demand from foreign market is weak and no deals are concluded these days.

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Antimony price sees slight increase in the US market

Antimony traders in the US market state that antimony prices are on the rising gradually as the tight-availability of material continues pestering would-be buyers. Market participants have received increased offers in the range of USD7,200-7,300/t CIF US ports this week for antimony metal grade II. They expect to see a gradual increase in prices over the next few days.


A large trader based in New York shared with Asian Metal that he finalized a purchase for a container of antimony metal 99.65%min early on Monday at USD7,300/t CIF Baltimore for delivery in mid-April.


"It took a while to finalize this deal as prices are very likely to increase for the rest of the year as a result of the limit on [antimony] mining quota recently imposed by the Chinese government."


Another trader based also in New York agreed that the offers for antimony metal are increasing in the international market "I am making inquiries for a couple of  10t purchases this week for potential April and have so far received offers close to USD7,300/t CIF US."


Both traders mentioned the tight-availability of material available for April as major setback in concluding deals at this time.

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Hsikwangshan Twinkling Star Co., Ltd

Hsikwangshan Twinkling Star Co., Ltd.(HTS)is a large 
comprehensive enterprise integrated with mining, dressing, smelting, 
chemical industry production and scientific research, the biggest  factory for producing antimony products, the cradle of the country antimony industry, and the major exporting base area of antimony products. The company owns two mines, four smelters, one technology center and one inspection and measure center. Its annual production capacity is 55,000 metric tons of ores, 40,000 metric tons of antimony products and 40,000 metric tons of zinc ingots. It is famous all over the world for its rich anti-mony reserves and antimony products, and has been titled beautiful name "World Antimony Capital" for a long time. 
    Since the commencement of the mining in 1897, Hiskwangshan has had 
antimony industry for more than one hundred years of history, and 
accumulated abundant antimony production experience. The antimony 
products have good quality and various specifications, of which over 90% 
are exported far away to more than 50 countries and regions such as Japan,America, Europe, and are famous domestic and overseas. The products have won the National Silver Medal for many times. The product trademark "Twinkling Star" brand has been appraised as famous trademark for many times. The quality management system has obtained ISO9002 series quality Certification.
    At present, of its over 7000 employees, more than 800 are the 
different kinds of specialized technical personnel. So HTS can keep  ahead in the production and scientific research field of antimony industry in the country. The related standards of antimony quality and chemical analysis methods were drawn up by the company under the government s accreditation.With antimony uses incercreasingly extending, other than keeping on producing antimony ingots, antimony trioxide, antimony sulfide, etc., traditional products with high grade, the company has been researched and developed wide antimony series such as sodium antimonate, dust-free antimony trioxide, antimony pentoxide,
golden yellow antimony, antimony series flame-retardant masterbatch. 
Especially the antimony oxide line with high technology that was put into production in 2002 and listed as one of the national "Double High & One Top"items introduced computer control, and practiced lots of scientific payoffs developed in donkey's years, therefore, all kinds of chemical indexes and physical characters of the products are more stable and the outside package improved visibly. Now they could completely meet the requirements of all kinds of customers.
    In order to keep up with the market changes and enhance economic benefit, while focusing on producing antimony products, the company has been actively developing other products. Presently, it has established several product lines with the annual production capacity of 10,000 metric tons of chlor-alkali, 5000 metric tons of hydrogen peroxide, 40,000 metric tons of zinc ingots, and 70,000 metric tons of sulfuric acid, zinc sulfate, indium metal, cadmium metal, etc.. A new pattern, of which antimony production is the major but coexisting with other production, has taken shape and sufficiently shows the obvious  advantages and large potential of "World Antimony Capital."
    There is only one "Antimony Capital"around the world, and "Antimony Capital" will be worthy of its name. "Twinkling Star" is a symbol of high quality, and satisfying all reasonable requirements of the customers is Hsikwangshan' s aim.We will provide favorable service and cooperate sincerely with the domestic and overseas customers with reciprocity.

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Manganese metals flakes offers rise quickly in Europe

Manganese market gradually improves while buyers return to the market to replenish some stocks or place some orders. Sources reported that many suppliers raise their offers very quickly but buyers are unwilling to accept a price above USD2,900/t in warehouse Rotterdam.
Asianmetal(English) http://www.asianmetal.com DB58
A European trader reported to Asian Metal that manganese price follows after the price in China goes up and the current offer is above USD2,900/t CIF Rotterdam while suppliers have raised their prices to about USD3,000/t for prompt delivery, up from about USD2,850/t late last month. The source feels suppliers are optimistic about the future market as they think manganese supply stays low and more buyers would start to replenish stocks.
Asianmetal(English) http://www.asianmetal.com M773
"However, there is not much good news from the demand side for the moment while consumers only purchase in small quantities and feel not ready to accept the current high price," said the source. Meanwhile, the supply expects manganese supply to improve and this would hinder the price from going up further in both Chinese and European market.
Asianmetal(English) http://www.asianmetal.com 3112
A supplier who holds some stocks of manganese flake and briquette in warehouse Rotterdam told Asian Metal that as manganese price goes up in China, the price in Europe also rises. The source increases their offer to about USD3,000/t for manganese flakes for prompt delivery and USD2,600/t for manganese briquette while one week ago, the offer is about USD2,900/t and USD2,550/t respectively.
Asianmetal(English) http://www.asianmetal.com HON0
"There was a deal made at USD2,550/t for manganese briquette last week and more buyers would start to replenish some stocks for the coming months," believed the source, who feels optimistic about manganese market this month.

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Antimony price firm in Asian market

Antimony ingot and antimony trioxide prices remain firm in Asian market. Participants believe that antimony products prices will continue to hold steady or climb up slightly in the following few weeks owing to tight supply and expected warming demand.
Asianmetal(English) http://www.asianmetal.com 5JR4
A South Korean trader reported to Asian Metal that prices of both antimony ingot and antimony trioxide remain firm on tight supply. Although demand is still not strong, it is much better than it was in the same period of last year. Additionally, not much material is coming from China because many producers are just back from the Chinese New Year holiday.
Asianmetal(English) http://www.asianmetal.com 9CVA
The source usually trade one container of antimony ingot every month and also deals in antimony trioxide on request. "We were buying one container of antimony ingot 99.65%min for a consumer in alloy industry late February and received an offer of USD6,400/t CIF Busan for the material at that time, but unfortunately, we lost the deal. It is still not easy to get an offer of antimony ingot now because we were told that supply in China is still very tight," said the source, adding that offers he learnt in the market are USD30-50/t higher than those two weeks ago. "We know it very well that this cheap material is coming from some Hong Kong or Vietnam who trade smuggled material, because some other Chinese traders claimed that they would suffer a loss if they sell at below USD6,900/t FOB China," said the source.
Asianmetal(English) http://www.asianmetal.com V4F8
A Japanese trader confirmed the wide-ranged offers of antimony ingot. Some major Chinese suppliers offered as high as USD7,000/t FOB China while deals are being reported at USD6,500-6,600/t CIF Japan for the material. Due to the difficulty in dealing in antimony ingot business, the source is concentrating in antimony trioxide sales. According to the source, offers for antimony trioxide 99.5%min are in a range of USD6,000-6,300/t CIF Japan. "The demand is not good now because it is the end of the financial year, but I think we will see more buying from April," said the source, predicting that antimony ingot and antimony trioxide price will keep firm in the short term.
Asianmetal(English) http://www.asianmetal.com 7X67
An Indonesia buyer who uses 10tpm of antimony trioxide for chemicals production reported an increase in offer. The source revealed that the last purchase was concluded at around USD6,200/t CIF Jakarta for February shipment but offers for April shipmen are around USD200/t higher. The source is confused about the price increase because demand has not changed. "It is a seller's market, anyway," said the source.

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Supply Antimony Trioxide Twinkling Star Brand in regular

We are able to offer the following Antimony Trioxide Twinkling Star Brand price from Hsikwangshan Twinkling Star
Origin: China
Quantity (MT): 40-100mt in regular
FOB Price: USD6150/MT
Loading Port: Huangpu,port,China.
Specifications:
SB2O3: 99.5% min,PB: 0.1% max,AS: 0.06% max,FE: 0.06% max,CU: 0.06% max,SE: 0.005%max
Size: 0,5-0.9um
Packing: 25kg,500kg,1000kg bags of 1MT each
Date Posted: 11th,March,2010
Price and availability subject to confirmation. This price quoted supersedes all previous prices.
CNF prices also available,please email us for further details:samjiefu@gmai.com

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