GLOBAL ANTIMONY SNAPSHOT: Chinese, European prices stabilize amid call for production cuts in China

Key data from the pricing sessions in Asia and Europe for the week ended Friday June 7.

China Domestic antimony price in China stabilizes after antimony branch of the China Nonferrous Metals Industry Association (CNIA) called on domestic producers to reduce output at a June 1 meeting. Most Chinese antimony suppliers either kept their offer prices unchanged or refrained from offering in response to the CNIA’s call for production cuts. Antimony consumers in China were not eager to restock, citing ample supply at plants and the belief that the Chinese antimony price will resume its downtrend in the coming weeks. Relatively high antimony inventories at producers’ plants, concerns over the possible release of stocks from the failed Fanya Metal Exchange and producers’ need to generate cash should keep...

Published

Cristina Belda

Amy Lv

June 10, 2019

13:34 GMT

Shanghai, London