Antimony ingot market price up (July 5 to July 9)

From July 5 to July 9, 2021, the market price of antimony ingot in East China was temporarily stable, with a price of 55000 yuan / ton at the beginning of the week and 58000 yuan / ton at the end of the week, an increase of 5.45%.

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The antimony commodity index on July 11 was 80.74, flat with yesterday, down 21.09% from 102.32 (2012-10-16), the highest point in the cycle, and up 71.86% from 46.98, the lowest point on December 24, 2015( Note: period refers to the period from September 8, 2012 to now).

This week, antimony ingot market price is stable and upward, manufacturers pricing mentality is strong, this week’s market shipment has a small improvement, but the overall is still low. There is a certain reserve demand in the downstream, which supports the strong price trend of antimony ingot.

According to the price monitoring of the business community, in the list of commodity prices in the 27th week of 2021 (7.5-7.9), there were 16 kinds of commodities in the nonferrous metal sector that rose month on month, of which 4 kinds of commodities increased by more than 5%, accounting for 18.2% of the number of commodities monitored in the sector; The top three commodities were praseodymium neodymium oxide (8.54%), praseodymium neodymium alloy (8.20%) and neodymium oxide (6.17%). There were 5 kinds of commodities that declined on a month on month basis, and the top 3 products were titanium concentrate (- 2.29%), silver (- 2.02%) and aluminum (- 1.26%). This week, the average rise or fall was 1.61%, and most of the nonferrous metal market prices rose.

As of July 12, the domestic market of antimony ingot is 54500 yuan / ton for 2, 59000 yuan / ton for 1 and 60000 yuan / ton for 0.

Antimony ingot manufacturers have a strong intention to raise prices. It is expected that antimony ingot prices will fluctuate and strengthen in the future. At present, the lower reaches have a strong wait-and-see mentality, and the purchase is mostly on demand.

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