Antimony prices edged up in China in the week ended Friday November 16 on rising production costs, while prices in Europe continued their downward trend on weak consumer demand.
In China, Fastmarkets' price assessment for MMTA standard grade-II antimony, delivered, duty-paid, stood at 50,200-51,000 yuan ($7,235-7,350) per tonne on Wednesday November 14, up 0.7% from 50,000-50,500 yuan per tonne a week ago, despite continued weak demand. The price rise over the past week was partly due to the fact that some suppliers raised their offer prices under pressure from increasing production costs as a result of the limited ore availability, Fastmarkets MB understands. Suppliers said they were unwilling...