GLOBAL ANTIMONY SNAPSHOT: Chinese price gains momentum; weakened European prices unable to follow suit

Key data from the pricing sessions in Asia and Europe in the week to Friday January 17.


China
Key drivers

The price of antimony, MMTA standard grade II, ddp China, gained some upward momentum in the latest assessment period, ending Wednesday January 15, after many suppliers raised their offer prices amid a growing number of inquiries. Several antimony consumers, who had maintained low inventories in anticipation of lower prices, re-entered the market last week to restock ahead of the upcoming week-long Chinese New Year holiday break on January 24-30. Meanwhile, a number of producers either suspended production for maintenance or held back from offering antimony, citing limited stock at plants and the gradual slowdown in logistics services prior to the holiday break. Some market participants said they...

Published

Cristina Belda

Amy Lv

January 20, 2020

17:27 GMT

Shanghai, London