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U.S. CFR Houston assessments for 99% arsenic metal closed November unchanged, with the monthly profile flat amid a supply profile that remained in balance with end-use demand. Sellers and buyers were firmly sidelined as landed costs and inventories failed to show any real volatility.
November saw little change due to stable U.S. CFR Houston prices for arsenic metal on account of stable Chinese supply and stable shipping from Asia to the Gulf; demand from gallium arsenide wafer fabs and battery alloyers remained weak.
Arsenic metal markets were again influenced by supply chain dynamics, as the U.S. is a total importer of arsenic metal. Arsenic shipments from China, Germany, and Japan in November were similar to the preceding months, thereby ruling out spot market tightness. Arsenic shipments from Shanghai to the U.S. Gulf were around USD x,xxx per xx-foot container.
Overseas smelter capacities and activities were flat, and the shipment allocations for the import smelters were steady too. Therefore, the delivery of arsenic metal produced from the refining of copper and gold augmented the contracted volumes and prevented any carry-over delay. Price indexes for arsenic metal were relatively...
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