China's Sb prices to rise on output suspensions

摘要

Chinese antimony prices are expected to rise in the short term as all antimony smelters in China's Hunan and Guizhou provinces have been ordered to suspend for at least 10 days from 6 September over environmental issues. Prices for 99.65pc grade metal were assessed at 68,000- 70,000 yuan/t ex-works today, the highest last seen on 25 March, up by Yn500/t from Yn67,500-69,500/t ex-works on 2 September despite limited market activity. Export prices increased by $50/t from 2 September to $11,400-11,700/t fob today.