GLOBAL ANTIMONY SNAPSHOT: Chinese price ends month-long stability streak; large deal below range pushes down EU price

July 09, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe for the week ended Friday July 5.



China
Key drivers 

The antimony MMTA standard grade II ddp China price ended five weeks of stability last week, softening by 0.6% week on week.  The price dropped after some Chinese antimony producers in southwestern Yunan, Guizhou provinces and southern Guangxi province were heard to have cut their offer prices to entice buyers amid thin buying interest.  Several antimony producers in central China's Hunan province were heard to have held their prices firm, citing limited stocks at hand with relatively high production costs.  Many producers in China remained wary of restocking ore material,...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok