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/overseas market to resume work countdown, antimony prices to rebound
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overseas market to resume work countdown, antimony prices to rebound 2020 / 04 / 27

Major developed countries in Europe and the United States plan to resume work and production in early may, marking the beginning of the countdown to economic restart.With the overseas market active, the domestic market signs of recovery;Improved customer demand boosted confidence in the antimony market, antimony prices stabilized slightly rebound.

MB price $5650(-100)-5900(-50)/ ton, compared with the domestic antimony market, slightly lag.Since late April, the growth of overseas demand has been more obvious, and trading has been more active.It is mainly the key customers in the asia-pacific region and the senior traders who are very sensitive to the market stop watching and buy in bulk to cover their positions, so as to seize the market opportunities after the resumption of work.And the European and American market end users at this time, most have not formally returned to work and production.Market recovery in the incremental demand support antimony prices stopped falling to stabilize, coupled with antimony smuggling case breaking aftershocks affect antimony mining main production areas all enterprises to fully enter the tax self-examination of the industry norms to provide a boost to the operation, antimony prices are expected to walk out of the trough into an upward track.

Guizhou metal mineral import and export co., LTD. Original, reprint please inform!


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