GLOBAL ANTIMONY SNAPSHOT: European, Chinese prices continue to fall while weak demand persists

Key data from the pricing sessions in Asia and Europe for the week ended Friday May 24.

China The Chinese domestic antimony price continued its downward trajectory for a third consecutive week after some suppliers in the country slashed their prices to destock. Other suppliers were reluctant to sell of their stocks because prices had fallen below their production costs. With prices now below production costs, participants showed less interest in restocking ore. Consumers insisted on conducting hand-to-mouth buying on the expectation of further price declines. That said, market participants noted that there is limited room for the Chinese antimony price to decline further, but added that the price is unlikely to...

Published

Cristina Belda

Amy Lv

May 27, 2019

07:33 GMT

Shanghai, London