Chinese New Year keeps lid on mineral markets in February

IM 's prices for antimony ingot (99.65% min Sb[subscript]2 O[subscript]3 ) stand at $5,000-5,100/tonne FOB China and at $5,000-5,200/tonne CIF Rotterdam. IM 's prices for foundry grade chromite stand at $240-340/tonne for +47% Cr[subscript]2 O[subscript]3 material (dried, 1 tonne big bags, FOB South Africa); at $225-280/tonne for 46% Cr[subscript]2 O[subscript]3 material (wet, bulk, FOB South Africa); and at $220-250/tonne for 45.8% min Cr[subscript]2 O[subscript]3 material (wet, bulk, FOB South Africa). At the end of January, leading Chinese TiO[subscript]2 producer, Sichuan Lomon Titanium Industry Co., raised the price of its pigment material by Rmb 300/tonne ($45.61/tonne), up 3% on previous levels. The increase was Lomon's second in the space of a month and took the company's TiO[subscript]2 prices to more than Rmb 10,300/tonne ($1,567/tonne).