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Antimony Raw Material Price Rebounds By Small Margain
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AntimonyNet
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2007-09-12
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Antimony raw material price has rebounded by small margain from last week's low position . Before this week, the price of antimony raw material had already reached a very lower price(99.85% antimony metal: RMB39,500/MT) which is close to the cost. Small-and medium-size antimony raw material enterprises are holding their products tight while large raw material mines have powerful strength in capital supply and are not willing to sell at reduced price, which makes the price of antimony metal rebound by RMB300-500/MT. The price of antimony trioxide and other further processed products(including catalytic antimony trioxide, antimony triacetate, antimony glycolate, antimony trioxide masterbatch, sodium antimonate) has been influenced by the price adjustment and declined slightly. The current adjustment range is generally between RMB200-500/MT.
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