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Weekly Market Review|Review of the antimony market this week #0921-0925#

Time: 2020-09-28
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Raw materials are tight, demand improves, and prices of antimony products are steadily rising

 

Last week, the antimony product price market generally showed an increase. Because the raw materials of antimony ore have tended to be relatively tight for a long time, it has not been relieved from beginning to end. According to recent data analysis, in some antimony raw materials auctions in the sales market, the bid prices have repeatedly appeared shockingly high prices.

Considering that the tension of raw materials will likely continue for a very long time, some large and medium-sized Chinese manufacturers are also beginning to limit the sales of antimony ingots in the market to avoid the embarrassment that raw materials cannot be filled after they are sold out.

There are also feedback from many market personnel that the price of precious metals has fallen sharply recently, and the downward trend will continue to appear, causing the original raw materials containing precious metal antimony such as gold and antimony ore to have no original advantages. Overseas antimony prices have also been on the rise, eventually leading to imported antimony ore becoming increasingly worthless.

Therefore, many market personnel indicate that unless the price of antimony rises sharply, there will be a big problem with the filling of imported raw materials.

From the perspective of demand, the popularity of downstream purchases has continued to increase recently, and the impulse of middlemen to purchase is also strong. Coupled with the increase in overseas prices, the export situation has gradually improved. With the promotion of double benefits, the price of antimony started the second increase of the year.

The supervision and inspection of environmental protection is still underway in Hunan, which will also have a certain impact on the recent supply.

Weekly Market Review|Review of the antimony market this week #0921-0925#

In terms of antimony ingots, the average price of SMM antimony as of the weekend: 2# low-bismuth antimony ingot 38750 yuan/ton, 1# antimony ingot 39250 yuan/ton, 0# antimony ingot 40250 yuan/ton, the price increased by 1500 yuan/ton compared with last week , The average price of 2# high bismuth antimony ingot was 36750 yuan/ton, an increase of 1000 yuan/ton compared to last week.

 

As for the market price of antimony oxide last Wednesday, as of the end of the week, the average price of SMM antimony trioxide was 99.5% at 35,500 yuan/ton and 99.8% at 37,000 yuan/ton, an increase of 1,000 yuan/ton compared to last week. It is expected that the antimony market price this week is likely to continue its upward pace.

 

东莞杰夫 三氧化二锑


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