Inclement Weather And Tight Supply Continues To Promote The Rise Of International Prices Of Antimony

China antimony market by continuing tight supply

, driven lower on Friday MB and two specifications of bismuth antimony ingot prices rise again, all rose to 12,850-13,350 U.S. dollars / ton,zinc oxide exporter, while the U.S. dollar before the prices at 12,600-13,000 / ton and 12,400 - 12,800 U.S. dollars / ton.

According to a Western trader said: "The Chinese smelter production bottlenecks with the recent bad weather in Australia and South America increased the imbalance between supply and demand in Western antimony market, while market tensions are further exacerbated, in this context antimony prices continue soaring, the majority of Small quantities of transactions reached at a very high price. "

Antimony prices since the beginning of this year continues to rise, prices are constantly follow up market transactions, some market speculation that a number of speculators involved in business fundamentals, speculation by the antimony may be pushed to a higher price point.

A business concern to market participants said: "Now the market seems to have out of control. "

Given China's manufacturers in the production constraints, market demand will continue to support current prices, even if there is not much down time and will not be long sustained.

Traders, said: "Over the past few months, market trends, price of antimony has been stop and go,optical coating materials, often taking one step back two steps, so it is normal minor correction, crash is unlikely. "

Market participants said that other markets outside China's demand for antimony has not been met,zinc oxide, the international market, size # 2 and antimony trioxide antimony ingot prices will continue soaring. Source: http://www.mhcocm.com

by: ddew

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