Antimony rally stalls with price up 90% in a year, but decline now likely

The supply-driven rally in antimony prices that was buoyed by an ore shortage and shipping delays has now stalled, and the upward momentum has probably ended, market participants told Fastmarkets on Monday March 22, with some of them now expecting prices to fall.

"It does appear that antimony has 'done' its upside, from what we can see, and - if anything - [the uptrend] is now running out of steam," a European trader said.
Fastmarkets' latest price assessment for antimony, max 100ppm Bi, in-whs Rotterdam, was $11,800-12,000 per tonne on March 19, unchanged from the preceding Wednesday. A year ago, the price was $6,250-6,450 per tonne, and it has risen by nearly 90% since then.

The corresponding assessment of the price of antimony, MMTA standard grade II, in-whs Rotterdam, was $11,750-11,920 per tonne on Friday, similarly stable from the previous session, after frequent increases...

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