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Antimony falls as nervous Chinese traders destock
June 15, 2011 - 15:58 GMT
Location:
London
Antimony fell on Wednesday as Chinese traders offered out material in order to reduce stocks, market sources told MB.
MB free market trioxide grade antimony fell to $15,400-$16,000 per tonne, from $15,600-$16,200 per tonne previously, as business was concluded at lower numbers in China and Europe.
MB free market standard grade II antimony fell to $15,200-$15,800 per tonne, from $15,400-$16,800 per tonne.
Traders in China are keen to de-stock because they fear further price falls,...
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Euromoney Institutional Investor PLC.
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