ANTIMONY SNAPSHOT: Prices find floor on higher offers, but prompt demand still recovering

Key data from Fastmarkets’ pricing session in Europe on Wednesday July 29.

Key drivers The antimony market has established a price floor after a continued downward trend that started on March 31, aggravated by a slump in industrial activity caused by the measures intended to control the spread of the Covid-19 pandemic. The Chinese price strengthened last week in response to higher offers and producers’ unwillingness to compromise on prices, so current prices for shipment material are around $5,300 per tonne. Material from Vietnam has been reported at prices close to the top end of the range. Market participants seem more inclined...

Published

Cristina Belda

July 30, 2020

12:38 GMT

Madrid