The price of antimony, MMTA standard grade II, ddp China continued lower for the fourth consecutive week in the week on November 29 in response to a few suppliers lowering their offers again to entice buying interest for the sake of cash generation.
Several antimony suppliers cut their offers again last week for fear that the price might face further downward pressure in the near term. At the same time, several suppliers insisted on holding back from offering, citing limited availability of ore.
Many domestic consumers remained wary of restocking antimony in the belief that the metal’s price will fall further in the coming weeks. Lackluster demand for antimony trioxide...