The city, in China’s central province of Hunan, is a major hub for antimony production.
Fastmarkets’ price assessment for MMTA standard-grade II antimony, delivered duty-paid in China
, was 44,000-45,000 yuan ($6,557-6,706) per tonne on Wednesday, up by 0.6% week on week from 43,500-45,000 yuan per tonne.
Despite a rise of 0.6% over the preceding week, the price has still fallen by 3.8% month on month and by 9.6% from early this year, according to Fastmarkets’ price archives.
On April 3, before a national public holiday on April 5, authorities in Lengshuijiang ordered all the private producers of antimony ingot to suspend their operations. This...