ANTIMONY MONTHLY REVIEW – MARCH: Prices hit tipping point, cheaper offers emerge in Rotterdam
By IM Staff
Published: Wednesday, 07 April 2021
The rally in the antimony price reached a celling and began to trend downward with no signs of a rebound for the time being, with producers in China and traders in Europe destocking material at lower levels amid little buying appetite.
That said, external factors, such as upcoming environmental
inspections in Hunan, China, and delays caused by the blockage
of the Suez Canal could halt the decline, market sources
said.
Price moves
Offers continued to increase rapidly during the first week of
March amid an antimony ore supply shortage, with
antimony...