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Antimony prices in China slip for the first time in four weeks

July 30, 2010 - 07:37 GMT Location: Shanghai

KEYWORDS: China , minor metals , antimony

Antimony prices in China fell for the first time in four weeks with buying faltering now that prices are 20% higher than the start of the July.

Prices that had started to rebound received a boost in mid-July when nine out of ten smelters were closed in an environmental crackdown in Hunan's Lengshuijiang area, which accounts for nine-tenth of China’s output. "The inspection continues in Lengshuijiang. The price drop has nothing to do with any improvement in supply," said an official from an antimony producer in Hunan. "It is just a correction, due to weak...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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