Antimony prices rocket on low stocks, concentrates tightness
OK, i found something on another restricted access site which confirms the momentum you are describing , but generally , the producers need more raw material to obtain the right concentration : September 05, 2016
Antimony prices jump again despite border problems easing
Antimony prices continued rising on Friday September 2 as stocks outside China remain tight, although the problems with the China-Vietnam border are now easing.
Metal Bulletin’s trioxide grade antimony quotation rose to $7,400-7,700 per tonne from $7,300-7,600 per tonne, while the standard grade II price rose to $7,235-7,700 from $7,200-7,500 per tonne. "Prices have shot up again in the latter half of this week," a European trader said. "Good quality trioxide grade is hard to...
To view this content, please take a free trial or subscribe to our service in just a few steps
Antimony prices rocket on low stocks, concentrates tightness
Antimony prices rose sharply on Wednesday September 14, as continuing low availability of material in Rotterdam forced consumers to pay higher prices.
Producers, meanwhile, are reporting difficulties in obtaining good-quality concentrates, which is leading them to pay higher prices for their raw materials, and so charge more for the metal they produce. Metal Bulletin’s trioxide grade quotation moved up by $250 to $7,650-7,950 per tonne, while standard grade II rose to $7,600-7,900 from $7,325-7,700. "We’re getting much higher offers now from China," a European trader said....
To view this content, please take a free trial or subscribe to our service in just a few steps.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.