Antimony market price rises slightly in July 2020

In July 2020, the domestic market price of 1 ᦇ antimony ingot will rise. The average price of domestic market will be 36125 yuan / ton at the beginning of the month and 36875 yuan / ton at the end of the month, with an increase of 750 yuan / ton or 2.08 yuan.

 

Gamma Polyglutamic Acid

The antimony commodity index on July 30 was 51.33, unchanged with yesterday, down 49.83% from 102.32 (2012-10-16), and 9.26% higher than 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

 

Antimony products are still in the off-season this month. The prices of antimony products have remained stable for most of the time. The transaction is at a low level, and the overall situation is relatively flat. At the end of the month, the non-ferrous metal market is on the rise as a whole. It is mainly affected by the geopolitical tension, the surge of foreign cases and other basic factors. The spot market in the metal period is red, which drives the antimony market up slightly and increases greatly About 500 yuan / ton. As of 30 days, the average price of 2 × low bismuth antimony ingot is 36000 yuan / ton, that of 1 × antimony ingot is 36500 yuan / ton, that of 0 × antimony ingot is 37500 yuan / ton, and that of 2 × high bismuth antimony ingot is 34500 yuan / ton. The market price of antimony trioxide keeps stable with the trend of antimony ingot. As of 29, 99.5% of the average price of antimony trioxide was 33250 yuan / ton, and 99.8% was at 34750 yuan / ton.

 

As the world’s largest producer of antimony series products, China mainly exports its products. According to the comparison of customs data, China’s export of antimony oxide is about 19758 tons from January to June of 2019; from January to June of 2020, China’s export of antimony oxide is about 18743 tons; compared with the same period of last year, the export of antimony oxide decreased by 5.13% year-on-year. The overall decline in the first half of the year was fair.

 

The business association thinks that at present, antimony products are still in the traditional off-season, and manufacturers mainly support prices, and the favorable fundamentals drive the metal market to rise strongly. However, when the transaction volume of antimony market is low, most manufacturers mainly support the price, and it is expected that the future market price will maintain a stable trend.

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