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Chinese smelters may turn screw on antimony market

May 25, 2011 - 14:45 GMT Location: London

KEYWORDS: Antimony , trioxide , standard grade II , Europe , China , smelter , raw material , mine , explosion

European antimony prices drifted lower on Wednesday but Chinese producers may yet increase their offers for export material while domestic demand increases and the supply of raw material dwindles

MB Rotterdam trioxide grade antimony fell to $15,750-$16,400 per tonne on Wednesday, from $15,750-$16,550 per tonne previously, in the absence of strong prompt purchases that drove prices higher last week. Standard grade II antimony was unchanged at $15,750-$16,250 per tonne, and market sources said there is a growing premium for higher grade material. One source reported receiving offers for material that contained chemical contaminants that would cause damage to manufacturing equipment. “There’s definitely a premium for good...

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

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