GLOBAL ANTIMONY SNAPSHOT: Chinese price ends month-long stability streak; large deal below range pushes down EU price

Key data from the pricing sessions in Asia and Europe for the week ended Friday July 5.



China
Key drivers 

The antimony MMTA standard grade II ddp China price ended five weeks of stability last week, softening by 0.6% week on week.  The price dropped after some Chinese antimony producers in southwestern Yunan, Guizhou provinces and southern Guangxi province were heard to have cut their offer prices to entice buyers amid thin buying interest.  Several antimony producers in central China’s Hunan province were heard to have held their prices firm, citing limited stocks at hand with relatively high production costs.  Many producers in China remained wary of restocking ore material,...

Published

Cristina Belda

Amy Lv

July 08, 2019

16:41 GMT

London, Shanghai