The supply was tight, and the price of antimony ingot rose slightly (from December 30 to January 6)

From December 30 to January 6, 2022, the market price of antimony ingots in East China rose. The price at the end of last week was 75000 yuan/ton, and the price at the end of this week was 76250 yuan/ton, up 1250 yuan/ton, up 1.67%.

 

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The commodity price K-bar chart uses the concept of price trend K-line to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investments according to the changes in the K-bar chart. Red indicates: rising; Green means: down; The height of the K column indicates the range of rise and fall. It can be seen from the above figure that the recent upward trend of the antimony ingot market before and after the Spring Festival, entered a stable period after the middle of March, entered a downward channel in the middle of April, the decline slowed down at the end of April, the trend was stable in May, the price entered an upward channel in June, and then went down again after a brief stable period in July. After August, the market stabilized step by step, and remained flat for seven consecutive weeks. At the end of October, the price began to decline continuously, and recovered slightly after the end of December.

 

This week, the price of European strategic small metal antimony was temporarily stable, and the price was at $11500/ton as of January 6, which was temporarily stable during the week, which had a certain boost to market sentiment.

 

The antimony ingot market recovered slightly this week, with an increase of about 1000-1250 yuan/ton in the week. Near the end of the year, the market had a certain stock demand, while some manufacturers in the industrial chain began to shut down one after another, and the market supply was further tight, so the market price continued to rise in the week. Enterprises are reluctant to sell, and the market supply is slightly tight. In the future, the business association believed that the fundamental changes in the antimony ingot market were not big, and the supply of the ore end was still tight, and the recent release of downstream demand was also mostly caused by the stock preparation before the holiday. In the future, it is expected that the antimony ingot market will continue to be stable, medium and strong in the short term, and the market will be gradually weak in the near holiday in the long term, and the market will be temporarily stable.

 

Antimony oxide market rose slightly this week, due to a wave of rebound in the stock market before the holiday. In general, the sales situation of antimony oxide market is still weak, and the downstream market purchases on demand. The flame retardant market performs generally, and the overall market atmosphere is weak. The purchase of antimony ingots by antimony oxide enterprises is still on demand in the near future.

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