GLOBAL ANTIMONY SNAPSHOT: Chinese, European prices under pressure on persistent muted demand

December 10, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe for the week ended Friday December 6.


China
Key drivers

The price of antimony, MMTA standard grade II, ddp China, dipped for the fifth consecutive week in the week ended December 6 after some suppliers adjusted their offer prices down further in an attempt to destock and generate cash amid persistently weak buying interest.Many domestic antimony consumers insisted on buying minimum volumes to meet prompt production needs in anticipation of further price drops in the coming weeks, according to market sources.The majority of market participants are expecting the antimony price to slide further in the near term on ample supply, while the need for cash generation among many...

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