Global antimony continued to trade last week amid weak demand for the metal, with prices remaining unchanged in both China and Europe on scarce spot market activity.
In China, Fastmarkets MB's price assessment for Chinese Minor Metals Trade Association (MMTA) standard grade-II antimony price, delivered, duty-paid, was 51,000-51,500 yuan ($7,341-7,412) per tonne on Wednesday October 24, unchanged from the previous week.Demand from downstream industries has not recovered yet, partly due to the recent decline in the price of antimony oxide, and sellers have become cautious about selling their material because current prices are approaching their production costs."We will sell if buyers agree on the prices we offer;...