GLOBAL ANTIMONY SNAPSHOT: Chinese price edges up on improved sentiment after Fanya auction

Key data from the pricing sessions in Asia and Europe during the week ended Friday September 6.

China Key drivers The price for antimony, MMTA standard grade II, ddp China, narrowed upward by 500 yuan per tonne to 36,500-37,000 yuan ($5,135-5,205) per tonne in the latest assessment on September 4, amid improved market sentiment as a result of the successful auction of the entire stock of antimony held in the collapsed Fanya Metal Exchange. Chinese antimony suppliers cited limited ore availability and high production costs for stocks at hand as the reason to hold back from offering. The expectation of further price rises in the coming...

Published

Ewa Manthey

Amy Lv

September 09, 2019

15:42 GMT

London, Shanghai