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.....

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