Chinese New Year keeps lid on mineral markets February

摘要

The Chinese New Year and accompanying Spring Festival holiday which takes place in mid-February traditionally mutes trading activity during the month, although suppliers in most minerals and metals markets can usually expect higher prices before and after the break, as buyers scramble to secure material before the markets shut. This year saw relatively few price appreciations in industrial minerals markets, however. Antimony and fluorspar prices saw some slight gains over the course of the month, but industry observers generally agreed that these were temporary upswings.