GLOBAL ANTIMONY SNAPSHOT: Chinese, European assessments static; market polarized on next price move

Key data from the pricing sessions in Asia and Europe in the week to Friday November 1.



China
Key drivers 

The price of antimony, MMTA standard grade II, ddp China was unchanged for the second consecutive week due to sparse trading activity.  Many domestic antimony suppliers held offer prices firm despite thin buying interest, citing the limited availability of ore, while a few were heard to have showed willingness to lower price to facilitate sales and generate cash.  Most antimony consumers retreated from the market, citing ample stocks at hand.  Market divided on the near-term price trend. Some market participants believe the domestic antimony price will face some downward pressure from producer destocking amid financial pressure approaching year-end while a number of sources contend...

Published

Cristina Belda

Amy Lv

November 05, 2019

10:00 GMT

London, Shanghai