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

July 31, 2020 / www.metalbulletin.com / Article Link

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...

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