Price Trend

In July 2019, the domestic 1_antimony ingot Market shocked down. The average price of the domestic market was 39850 yuan/ton at the beginning of the month and 38900 yuan/ton at the end of the week, down by 2.38%.

The commodity index of antimony on July 31 was 54.15, down 0.21 points from yesterday, down 47.08% from the peak of 102.32 points in the cycle (2012-10-16), and up 15.26% from the low of 46.98 points on December 24, 2015. (Note: Period refers to 2012-09-08 to date).

II. Market Analysis

Upstream and downstream: Antimony industry chain as a whole follows the trend of antimony ingots, antimony ore and antimony trioxide Market weakened this month, antimony trioxide: affected by the weak downstream demand, antimony trioxide market prices weakened as a whole until the end of the month 99.5% of domestic antimony trioxide quotation range in 33,000-34,000 yuan/ton, with an average price of 33,500 yuan/ton; 99.8% of countries; The quotation range for antimony trioxide production is 3450-35500 yuan/ton with an average price of 35000 yuan/ton.

Domestic market: Antimony ingot Market overall shocks lower this month, affected by the traditional off-season and weak downstream demand at the beginning of the month, prices fell, manufacturers’tender sentiment slightly loosened, and then gradually stabilized, until the end of the month around 25 by the traditional off-season and limited downstream demand shocks, the market ushered in a wave of decline, the terminal on demand. With the weakness of speculative power, some manufacturers began to sell at low prices in exchange for market share. Although the price reduction range of manufacturers is very limited and the volume of shipments is controlled, the overall short atmosphere of the market has warmed up. At the end of the month, the quotation range of 2# low density antimony ingot is 37,000-38,000 yuan/ton, with an average price of 37,500 yuan/ton; the quotation range of 2# high density antimony ingot is 36,600-36,500 yuan/ton, with an average price of 36,250 yuan/ton. The quotation range of 1# antimony ingot is 37500-38500 yuan/ton, the average price is 38000 yuan/ton; the quotation range of 0# antimony ingot is 38500-39500 yuan/ton, the average price is 39000 yuan/ton.

3. Prospects for the Future Market

July is the traditional off-season of antimony ingot. The demand of downstream terminals is limited, and the demand has not been liberalized. The short market atmosphere is aggravated and the news is chaotic. It is expected that the whole antimony industry will remain weak for some time to come.