GLOBAL ANTIMONY SNAPSHOT: China, Europe prices decline with no clear bottom

June 04, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe for the week ended Friday May 31.

ChinaThe Chinese domestic antimony price continued to fall for the fourth consecutive week after some domestic suppliers' lowered prices further to spark buying interest. Many Chinese antimony consumers remained wary of restocking in anticipation of a further price dip in the coming weeks. Some domestic antimony suppliers were reluctant to cut their prices further. The move, however, failed to provide any support to the metal's price, given the remaining high stocks and pervasive bearish sentiment. Many Chinese market participants believe that the domestic price...

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