Chinese antimony price sinks further amid coronavirus-led weak sentiment, shrinking demand

The price of antimony in China’s domestic market fell for a fourth consecutive week on Wednesday March 25, with suppliers lowering their offer prices amid weakening market sentiment in response to a significant reduction in overseas demand.

Fastmarkets' price assessment for antimony, MMTA standard grade II, ddp China was 37,000-38,000 yuan ($5,214-5,355) per tonne on Wednesday, down by 1,000 yuan per tonne or 2.6% from 38,000-39,000 yuan per tonne previously.
Many suppliers in China made further compromises on their offer prices upon noticing a limited number of inquiries in the market this week, but the move failed to entice buying interest.

This is partly because domestic consumers in China have become increasingly wary of...

Published

Amy Lv

March 26, 2020

09:35 GMT

Shanghai