Chinese antimony price sinks further amid coronavirus-led weak sentiment, shrinking demand

The price of antimony in China's domestic market fell for a fourth consecutive week on Wednesday March 25, with suppliers lowering their offer prices amid weakening market sentiment in response to a significant reduction in overseas demand.

Fastmarkets' price assessment for antimony, MMTA standard grade II, ddp China was 37,000-38,000 yuan ($5,214-5,355) per tonne on Wednesday, down by 1,000 yuan per tonne or 2.6% from 38,000-39,000 yuan per tonne previously.
Many suppliers in China made further compromises on their offer prices upon noticing a limited number of inquiries in the market this week, but the move failed to entice buying interest.

This is partly because domestic consumers in China have become increasingly wary of...

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