MINOR METALS MIDWEEK: Antimony, indium, rhenium edge down as other markets stabilise

Adequate supply and low buying interest kept most minor metals prices at the same levels mid-week as they finished last week.

After a month in which prices lost some $200, manganese flake managed to find support at its current levels, with some traders having slightly more difficulty in getting hold of material.
“The Chinese don’t seem to be selling at the moment,” a European trader said. “However, this pause isn’t demand driven. There have been no more enquiries than usual and no increase in business – it’s mostly due to shutdowns.”
This stabilisation was echoed through most of the rest of the complex, with only antimony, indium and rhenium losing any ground.

Metal Bulletin’s antimony prices slid by $100 per tonne on Wednesday May 27, with trioxide-grade...


James Heywood

May 28, 2015

06:31 GMT