The Chinese antimony market was lackluster amid thin trading activity in the week ended Friday February 15, the first working week after the national Lunar New Year break on February 4-10, while China's absence was echoed in stagnant European prices.
In China, Fastmarkets assessed the price for MMTA standard-grade II antimony, delivered duty-paid, at 48,500-49,500 yuan ($7,158-7,306) per tonne on Wednesday February 13, a level it has maintained since January 16. The assessment was rolled over on February 6 due to the week-long New Year holidays, in line with Fastmarkets pricing methodology. The Chinese market has been quiet in the past week because many participants are still absent from the market. Some are expected to stay away until after the Lantern Festival (February 19), an important day for Chinese people after the Lunar New Year holiday despite not being the country's statutory holiday, Fastmarkets...