GLOBAL ANTIMONY WRAP: Trading slows down ahead of Lunar New Year

The global antimony market was quiet in the week ended Friday January 25, with trade thinning ahead of Lunar New Year on February 5.

In Europe, Fastmarkets’ price assessment for trioxide-grade antimony, in-warehouse Rotterdam, was stable week on week at $7,800-8,000 per tonne on Friday. The price for MMTA standard-grade II antimony, in-warehouse Rotterdam, was also unchanged last week at $7,700-7,900 per tonne. Trading activity has started to slow down in Europe and China ahead of the Lunar New Year holiday, market participants noted. Chinese market participants will be largely absent from the market for a week from February 4 to 10. As well, the news that the Fanya Metal Exchange will auction indium stocks has dampened the mood in the antimony market, market participants added. “I’ve been...

Published

Ewa Manthey

Amy Lv

January 28, 2019

11:55 GMT

London; Shanghai