Antimony prices in China fell sharply last week amid an abundance of cheaper ore from abroad, market sources told Fastmarkets MB.
Fastmarkets MB's price assessment for MMTA standard-grade II antimony, delivered duty-paid in China, stood at 42,000-43,000 yuan ($6,114-6,260) per tonne on Wednesday May 8, down by 1,500 yuan per tonne or 3.4% from 43,500-44,500 yuan per tonne a week earlier. A large volume of antimony ore from Tajikistan arrived in China recently and was priced at a lower level than that in the Chinese domestic market, market sources said.This prompted a...