GLOBAL ANTIMONY SNAPSHOT: Chinese price drops below production cost for many; EU prices dips

May 21, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe for the week ended Friday May 17.



China 

The Chinese domestic antimony price tumbled for the second consecutive week after some domestic producers cut their offer prices further in an attempt to generate cash to pay bank loans.  Yet some domestic antimony suppliers were resistant in surrendering much on the prices further, and some were even heard to have suspended production, both citing severe losses.  The antimony market will continue facing downward pressure in the short term due to relatively...

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