Recently, price of antimony ingot is stable. With stalemated situation of hanging upside down between antimony ore and antimony ingot, antimony ingot and antimony trioxide, market participants hold a pessimistic attitude to the aftermarket in the short term. Antimony ingot MB price is at 9500-9800 USD per ton, and LME price is at 9500-9800 USD per ton. Domestic Ingot price was kept at 55500-57000RMB per ton. Inventory of Fanya Metal has reached 2855.99 tons with selling price of 67.3 per kilogram at present.

       Affected by overall downturn economy and weak demand in downstream market, antimony market has been relatively shrunk with slipping price. Hence many traders and end users prefer to reducing stock in hand and purchasing in accordance with their needs. Antimony plants are in the losing edge. Some producers were halting productions which lead to the short supply of Antimony ore, the price maintain stabilized.

       Under Chinese government’s strict environment protection policy, collection and storage activities by the government and Fanya Metals, market participants are expecting Antimony market will upturns after the European’s summer holiday.