Antimony Market Report July 2017
2017-08-18 17:30:07 【Print】
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In early July, downstream customers showed strong watchful sentiment and transactions were sluggish with domestic and overseas market of antimony ingot and antimony trioxide entering a slack season coupled with continuously decreasing antimony prices in June
. Therefore, market participants lacked confidence about the market outlook with prices keeping dropping . In mid-July, most smelters in major production regions still couldn’t resume production given that the antimony ingot with lower production costs had been undersold and the environmental protection inspection remained strict . Thus, suppliers’ quotations became firm and prices for antimony ingot gradually stabilized and rebounded after hitting the bottom point . However, as it is a slack season in July and August, the market saw limited transactions and domestic and overseas antimony market remained stable on the whole in late July.