A supply squeeze on trioxide grade antimony in Europe pushed prices for the grade up on Friday May 11, while grade II remained unchanged due to sluggish demand for the minor metal; In China, grade II prices fell again on weak consumption rates and a gloomy outlook.
Metal Bulletin assessed the MMTA standard grade II antimony, in-warehouse Rotterdam price at $8,000-8,250 per tonne on Friday May 11, unchanged from the mid-week assessment and stable from the previous week. "The market is relatively stable," a trader said. "Chinese are claiming the price is too low and there are still problems with exporting material but demand is not that great. The market is only moving sideways," the trader added. The approaching summer holiday - when many consumers are away...