Both European and Chinese antimony prices were unchanged in the pricing week ending on Friday December 14 amid thin trading activities and persistently weak demand from downstream markets.
Chinese market stagnates with unrest between sellers and consumers Fastmarkets MB's price assessment for MMTA standard grade-II antimony, delivered duty-paid, in China stood at 49,500-50,000 yuan ($7,170-7,242) per tonne on Wednesday December 12, unchanged for the second consecutive week, amid the ongoing battle between sellers and consumers in the Chinese domestic market. China's domestic antimony market has been in a stalemate over the past week while domestic producers continued to show unwillingness to cut their offer prices, citing comparatively higher production costs in winter. Consumers showed limited interest in restocking volumes of raw material because they could not eliminate...