1、 Price trend
The antimony commodity index on May 21 was 50.99, flat with yesterday, down 50.17% from 102.32 (2012-10-16), the highest point in the cycle, and up 8.54% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).
| Gamma PGA fertiliser |
2、 Market analysis
Upstream and downstream: on Wednesday, the price of antimony oxide decreased with the trend of antimony ingot. As of Friday, 99.5% was 32250 yuan / ton, 99.8% was 33750 yuan / ton, 750 yuan / ton lower than last week.
| Gamma PGA |
Domestic market: the market price of antimony ingots fell this week. Affected by international events, the domestic and international market demand has not recovered in the near future. Guangxi took the lead in lowering the price this week. The main domestic market price is weak. The antimony industry chain has been in a weak market. The actual transaction has not improved significantly. Most downstream purchases are on demand. In terms of price, as of Friday, 2 × low bismuth antimony ingots were 34500 yuan / ton, 1 × antimony ingots were 35000 yuan / ton and 0 × antimony ingots were 36000 yuan / ton, down 500 yuan / ton compared with last week. The average price of 2 × high bismuth antimony ingot is 33000 yuan / ton, which is stable compared with last week.
3、 Future prospects
Foreign public events continue to heat up. In the absence of obvious improvement in the demand side, the price of domestic antimony products is difficult to improve greatly. In the state of weak market price, the future market may continue to decline.
| http://www.lubonchem.com/ |