(AMM) US antimony seen under pressure

U.S. antimony prices have weakened, and traders say a sharper drop is looming on the back of new, lower offers from Chinese sellers.

Antimony consumption in China likely has weakened, one market source said, and traders there are in less of a position to sit on the material and hold out for higher prices.

"It seems like consumption in China is down. Since they’re the key to the market as the largest producer and consumer, they’re trying to export more, but there aren’t really any takers," one domestic trader...

Published

June 21, 2011

03:11 GMT

New York