Chinese New Year keeps lid on mineral markets in February
Published: Wednesday, 24 February 2016
Antimony fluctuates, rare earths stay flat; lithium prices exaggerated, says Albemarle; graphite stagnates, chromite prices dip.
The Chinese New Year and accompanying Spring Festival
holiday which takes place in mid-February traditionally mutes
trading activity during the month, although suppliers in most
minerals and metals markets can usually expect higher prices
before and after the break, as buyers scramble to secure
material before the markets shut.