Antimony gains support in Europe amid coronavirus outbreak uncertainty

The impact of the coronavirus outbreak from Wuhan city, China, is positively affecting antimony prices in Europe, with low stocks in Rotterdam and the market heavily dependent on supply from China.

The East Asian country accounts for 78% of global antimony output, according to the United States Geologic Survey (USGS).
Fastmarkets assessed the price for antimony max 100 ppm Bi, in-whs Rotterdam at $5,850-6,150 per tonne on Friday, January 31, up by 3.4% from $5,650-6,150 per tonne on Wednesday.
Fastmarkets assessed the price of antimony, standard grade II, in-warehouse Rotterdam at $5,800-6,000 per tonne on Friday, up by 2.6% from $5,600-5,900 per tonne two days before.

A combination of low inventories in Rotterdam -...

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