Antimony prices will remain at a high level --- Hunan Hsikwangshan

BEIJING (Asian Metal) 26 Oct 06 - China is becoming more influential in antimony production and trading, Minor Metals Summit 2006 in Beijing, China, has been told. Yang Lingyi, director general of Hsikwangshan Twinkling Star Co., Ltd., made a presentation regarding to the review of the antimony market in the first half of 2006 and the outlook of the market in the rest of the year.
According to Yang, various factors are attributed to the price rise of antimony products in the past years, such as limited output of antimony products resulted from shortage of resources, great increase in demand, export tax rebate regulation, appreciation of Chinese currency, and higher production cost of antimony products. Additionally, China tightens macro control over the resource-intensive products and reinforces the strategic reserve, which is also attributable to the price increase.
Through analysis of the market and prices of antimony products in the first half of 2006 and also various influential factors for the development of the market in the second half of the year, Yang believes that prices of antimony products will remain at a high level and have potentials of surging up further.