GLOBAL ANTIMONY SNAPSHOT: Prices end two-month uptrend on quietening demand

Key data from the pricing sessions in Asia and Europe in the week to Friday November 8.




China
Key drivers 

The antimony, MMTA standard grade II, ddp China price fell for the first time since the end of August, which was just before the price started trending upward in response to the successful auction of stocks held by the defunct Fanya Metal Exchange in early September.  Some suppliers in southwestern China’s Yunnan and Guizhou provinces were heard to have lowered their offer prices to secure business amid sparse buying interest. Those in central China’s Lengshuijiang city, the major antimony production hub in China, generally held offers relatively firm, though.  Many antimony consumers cited abundant stocks at plants as the reason for remaining on the sidelines of the market. Anticipation of further...

Published

Cristina Belda

Amy Lv

November 11, 2019

14:43 GMT

London, Shanghai