Antimony offers from China dry up on renewed smuggling crackdown
Tightness along the border between China and Vietnam has increased amid rumours that the Vietnamese government has started to clamp down on shipments of antimony through this route.
In-warehouse Rotterdam prices held at $9,400-9,700 per tonne for standard grade II and $9,500-9,800 for trioxide grade as demand remained sluggish. But a renewed clampdown on smuggled material through Vietnam supported prices. “Smuggling is a big issue for the Vietnamese government and they have said they will stop exports in and out of Vietnam,” a trader told Metal Bulletin. Shipments from small ports in Vietnam have been stopped as part of the crackdown, some said, while others said the government has imposed a 10% levy on material.
Related Posts
South Africa: Pakistani Businessman in Court for Cigarette Smuggling
Yesterday, 38-year-old Suid Mohammed appeared in the Lehurutshe Magistrate's...
Fake Apple Watch Already Selling In China For Just $40
It underscores the amazing speed at which Chinese counterfeiters can bring clones...
Customs stems financial bleed, prevents RM8.5m in cigarette smuggling at Johor port
ISKANDAR PUTERI, Jan 1 — An attempt to sneak in 10,500 sticks of cigarettes from...
Four arrested, 870,000 contraband cigarettes seized, in Dartmouth bust
The province of Nova Scotia is losing millions of dollars every year in tax...