GLOBAL ANTIMONY SNAPSHOT: Chinese producers cut offers to generate cash; demand stagnates in Europe

December 17, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe in the week to Friday December 13.



China
Key drivers 

The price of antimony, MMTA standard grade II, ddp China recorded of a drop of 2.6% in the week ended December 13 after an increasing number of suppliers slashed offer prices further to promote sales and generate cash.  Widespread pressure to generate cash by the end of the year forced some suppliers to cut their offer prices to entice buying interest and secure deals, according to market sources.  Consumers in China continued to be cautious about purchasing large volumes of antimony especially since the antimony trioxide price has been sliding recently amid lackluster...

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