From October 6 to October 13, 2023, the antimony ingot market in East China remained stable, with prices at 82750 yuan/ton at the beginning of last week and 82750 yuan/ton at the beginning of this week, which remained unchanged.

The K-bar chart of commodity prices uses the concept of a price trend K-line to reflect weekly or monthly price fluctuations in the form of a bar chart. Investors can buy and sell investments based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-bar represents the range of fluctuations. From the above chart, it can be seen that the antimony ingot market has seen a positive trend in recent times.

This week, the price of European strategic small metal antimony has temporarily stabilized, reaching $11750/ton as of October 13th, with a decrease of $300/ton during the cycle. The market atmosphere is somewhat wait-and-see, and the impact on market sentiment is limited.

This week, the antimony ingot market continued to maintain a temporary stable operation, with little change in supply and demand. It still shows weak supply and demand, tight supply at the mining end, low inventory in the factory, and a strong reluctance of antimony ingot manufacturers to sell. In terms of demand, downstream procurement remains in demand, and the market mentality is temporarily stable. Overall, the recent news in the antimony ingot market has been relatively stable, and it is expected to maintain consolidation in the short term in the future.

This week, the antimony oxide market has temporarily remained stable, with a strong wait-and-see sentiment in the market. Overseas sales performance remains poor, and market expectations remain weak. Antimony oxide enterprises maintain a demand for antimony ingots.

On October 15th, the non-ferrous index stood at 1114 points, unchanged from yesterday, a decrease of 27.57% from the cycle’s highest point of 1538 points (2021-10-18), and an increase of 83.53% from the lowest point of 607 points on November 24th, 2015. (Note: The cycle refers to the period from December 1st, 2011 to the present).