From November 2 to November 6, 2020, the market price of antimony ingot in East China will remain stable at 42500 yuan / ton.
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On November 8, the antimony commodity index was 59.16, unchanged with yesterday, down 42.18% from the cycle’s highest point 102.32 (2012-10-16), and 25.93% higher than the lowest point of 46.98 on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).
The domestic antimony ingot market price remained stable this week. With the rising prices in the overseas market, most domestic insiders are bullish on the future market. In addition, there are still few imported ore ends in the early stage, domestic raw materials are tight, and the price of ore end is high. The cost pressure of antimony products is relatively high. Domestic manufacturers mainly support the price. In addition, the environmental protection and production restriction in the surrounding areas of the main production areas in the near future, the domestic output is affected to a certain extent, and the supply of antimony ingots is slightly strained. As of the 6th day, the domestic market price of 2% low bismuth antimony ingot was 41750 yuan / ton, 1:00 yuan / ton was 42250 yuan / ton, 0 piece was 43000 yuan / ton, and the average price of 2 pieces of high bismuth antimony ingot was 40750 yuan / ton, which was 500-1000 yuan / ton higher than last week. The market price of antimony trioxide increased with the trend of antimony ingot. By the end of the week, 99.5% of the average price of antimony trioxide was 38500 yuan / ton, 99.8% was at 39500 yuan / ton, which was 500-1000 yuan / ton higher than last week’s price.
According to the price monitoring of the business agency, in the 44 th week (11.2-11.6) of 2020, there are 16 kinds of commodities in the nonferrous metal plate with a month on month rise and fall list, with neodymium metal (4.25%), neodymium oxide (3.91%) and dysprosium metal (3.41%). There were three kinds of commodities that declined on a month on month basis. The top three products were magnesium (- 0.39%), lead (- 0.26%) and cobalt (- 0.25%). This week, all rose or fell by 1.43%. This week, the metal market is dominated.
The Business Association believes that under the current tight supply and demand and cost pressure, foreign price rise, antimony product manufacturers are reluctant to sell, worry about future market supply, and the improvement of downstream demand and other favorable factors, the future market price is expected to be stable and strong.
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