From October 27 to November 3, 2023, the antimony ingot market in East China remained stable for the time being, with prices remaining unchanged at 82500 yuan/ton over the weekend.

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 remained stable, with a price of $11550/ton as of November 3rd. It remained stable during the cycle and the market atmosphere was somewhat wait-and-see, with limited impact on market sentiment.

The antimony ingot market continued to maintain a temporary stable operation during the week, with limited factors affecting market supply and demand, and the market remained temporarily stable. In terms of supply, there is still a tight supply at the mining end. Recently, the smelter has been operating steadily, and the supply of antimony ingots is still tight. Manufacturers still have a mentality of being reluctant to sell. In terms of demand, downstream antimony oxide enterprises maintain on-demand procurement and replenish antimony ingots as needed. Currently, the overall market mentality is weak. Overall, the antimony ingot market is still weak in both supply and demand. Without clear news, the spot market will remain temporarily stable in the short term.

This week, the antimony oxide market has temporarily remained stable, with a strong wait-and-see sentiment and average overseas sales performance. Market expectations remain weak, and antimony oxide enterprises maintain a demand for antimony ingots.

On November 2nd, the non-ferrous index stood at 1115 points, an increase of 8 points from yesterday, a decrease of 27.50% from the cycle’s highest point of 1538 points (2021-10-18), and an increase of 83.69% 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).