This week, domestic antimony ingot prices remained stable, with limited market turnover.

On June 24, the antimony commodity index was 50.29, flat with yesterday, down 50.85% from 102.32 (2012-10-16), the highest point in the cycle, and up 7.05% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

This week, the demand for antimony products at home and abroad has not improved significantly. The price of antimony products has remained stable this week, and the transaction has slightly increased compared with last week, but the overall price is still relatively weak. The downstream just needs to purchase mainly. By the end of 24 days, the domestic market had 2 × low bismuth antimony ingots of 34500 yuan / ton, 1 × high bismuth antimony ingots of 35000 yuan / ton, 0 × high antimony ingots of 36000 yuan / ton, and the average price of 2 × high bismuth antimony ingots of 33000 yuan / ton, which was the same as last week. The market price of antimony trioxide keeps stable with the trend of antimony ingot. By the end of the week, the average price of antimony trioxide was 99.5% at 31750 yuan / ton, and 99.8% at 33250 yuan / ton, which was the same as last week.

According to the price monitoring of the business agency, there are 9 commodities in the list of commodity prices rising and falling in the 25th week of 2020 (6.22-6.26), among which the top three commodities are titanium concentrate (1.98%), magnesium (1.76%) and neodymium (1.62%). There are 8 kinds of commodities falling on a month on month basis, and the top 3 products were cobalt (- 2.00%), zinc (- 1.14%) and dysprosium oxide (- 1.03%). This week’s average was 0.17%. As the global stimulus policy continues to work, the trend of domestic basic metals rebounded slightly under the loose monetary policy.

The business club believes that in the current situation of foreign demand for antimony series products has not been improved, and the market transaction is low, most antimony ingot manufacturers hold high prices, and it is expected that the future market price will remain stable.