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Antimony Trioxide Market Conditions in Europe

Update:2008-08-26 04:03:56  Source:  Author: Return

News from AntimonyNet: As the economic development slows down in Europe, the Antimony Trioxide consumption has reduced compared with recent years.

The antimony demand is reducing gradually in Europe and the products with lower technical content have been transferred and produced in developing countries, of which is the reason for inquiry decreasing. The summer break is still at the ending stage, the buyers have not come back to the market .The inquiries increase but the market has not recovered to normal status.

It is indicated by European antimony traders that the current quotation for 99.5% Min Antimony Trioxide (Export to Europe) is USD5700/Mt and the CIF Rotterdam prices come to USD 5,750-5,800/Mt. Due to price factors, the traders are looking for new sources of goods, they turn eyes to Russia and think that there will be stable antimony supply and most favorable prices.
Chinese Antimony Trioxide manufacturers express that along with the realization of resources, the
strategic metal policy will be more and more tightened. The Chinese antimony output accounts for
2/3 of the world, there is news that China will reduce the production of antimony ores antimony metal gradually. There should be no problem deriving from antimony supply, but the prices can not be lower than USD 6000/Mt.Antimony Trioxide is also the product that is restricted to raw material. With developing countries¡¯ rising, the Chinese antimony oxide consumption is not less than European countries, so we have no need to worry about the antimony market.


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