Antimony Market Report January 2016
2016-02-04 15:22:52 【Print】
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During January, the price for the domestic antimony ingot became stable after a short-term increase as the upstream and downstream participants ended in a deadlock after the negotiations for almost two weeks; but the price finally edged down with the coming of the Chinese New Year on account of the further decrease in demand from downstream consumers.
In late January, most upstream and downstream producers stopped production. A majority of market participants will leave the market in early to mid February with an increasingly quiet market; upstream and downstream participants will return to the market in mid to late February when both of them will attempt to test each other with a wait-and-see attitude, so the price will be unlikely to fluctuate significantly.
In late January, most upstream and downstream producers stopped production. A majority of market participants will leave the market in early to mid February with an increasingly quiet market; upstream and downstream participants will return to the market in mid to late February when both of them will attempt to test each other with a wait-and-see attitude, so the price will be unlikely to fluctuate significantly.
