GLOBAL ANTIMONY SNAPSHOT: European, Chinese prices find stability; no increases expected near term

July 30, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe for the week ended Friday July 26.

ChinaKey drivers The price of antimony MMTA standard-grade II, ddp China, stalled after some major domestic suppliers refused to cut offer prices on noticing resumed buying appetite from downstream consumers.Trading activity picked up last week with several domestic antimony consumers re-entering the market for replenishment to meet their production needs. A number of market participants expect the domestic antimony price to stabilize in the coming weeks while a few sources believe the price will gain some upward momentum in either late August or early September due to the expected increase in demand from the European market with the summer end approaching. Key...

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