FOCUS: Fanya auctions give momentum to minor metals prices after years of overhang

摘要

Questions about the fate of stocks held by the defunct Fanya Metal Exchange have been a weight on negotiations in many minor metals markets since the bourse collapsed in 2015, and have contributed to the uncertainty that has stifled trade for much of 2019. Buying appetite in the spot market has weakened, and prices for some minor metals including indium, bismuth and antimony have reached multi-year lows amid hesitant trade and fears over the release of stocks from Fanya.