Fastmarkets assessed the price for MMTA standard-grade II antimony, delivered duty-paid in China, at 48,500-49,500 yuan ($7,231-7,380) per tonne on February 20, unchanged since January 16.
The Chinese antimony market has shown limited trading activity since downstream consumers maintained their wait-and-see stance over the week.
“We did not buy any [antimony ingot] this week because what we produced by ourselves was able to meet our current demand,” a Chinese trader said. But it added that it may enter the market for restocking in the week starting February 25.
Domestic buyers will not re-enter the market for restocking until they have consumed the bulk of the stocks they hold at their plants, so either...