China antimony prices hold steady, but stockpiling said tightening market.
Jun 04, 2009 | 08:19 AM
China's antimony market is stable this week as supplies remain tight.
Standard Grade II antimony ingot is changing hands at 30,000 to 31,500 yuan ($4,390 to $4,610) per tonne in the Chinese domestic market, effectively unchanged from the end of May.
"It is not easy to find cheap metal," a trader in Shanghai said, adding that Hunan Nonferrous Metals Corp. Ltd. is said to be in the process of stockpiling 10,000 tonnes of metal through subsidiaries Hsikwangshan Twinkling Star Co. Ltd. and Chenzhou Mining Group Co. Ltd. This has helped to tighten supply.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.