Market price of antimony ingot rises in January 2021

In January 2021, the domestic market price of antimony ingot was temporarily stable. The average price of domestic market was 42625 yuan / ton at the beginning of the month and 50000 yuan / ton at the end of the month, up 17.30% compared with that of last month.

 

The antimony commodity index on January 25 was 67.52, up 2.09 points from yesterday, down 34.01% from 102.32 points (2012-10-16), the highest point in the cycle, and up 43.72% from 46.98 points, the lowest point on December 24, 2015. (Note: period refers to the period from September 8, 2012 to now).

 

In the first ten days of January, the market price continued the trend of a year ago, and the high level was stable. The shortage of domestic raw materials remained. Some antimony ingot manufacturers suspended their export sales. With the gradual reduction of market supply, the external price continued to rise, further driving the market mood. In the middle of January, affected by the limited transportation caused by domestic public health incidents, the demand of some downstream manufacturers for goods increased significantly and increased The purchase quantity of antimony ingot is also discussed. Due to the limited supply of ore end and the tight supply of raw materials, domestic manufacturers are reluctant to sell. Most domestic antimony ingot manufacturers have plans to reduce production to varying degrees. This has resulted in a further decrease in the supply of goods in circulation, tight supply and rising prices. As of the 26th, the average price of 2 low bismuth antimony ingots was 48500 yuan / ton, 1 high bismuth antimony ingot was 50000 yuan / ton and 0 high bismuth antimony ingot was 51000 yuan / ton in the domestic market. The average price of 2 high bismuth antimony ingots was 43500 yuan / ton, which was significantly higher than that of last month. The average price of antimony trioxide was 99.5% at 45000 yuan / ton and 99.8% at 46000 yuan / ton, which was higher than that of last month.

 

The Business Association believes that the price rise of antimony products this month is mainly related to the pre Festival stock preparation and tight supply of ore terminal. In the later stage, with the end of pre Festival stock preparation, the procurement will return to rationality and focus on demand. However, the tight supply of ore terminal is difficult to solve in the short term, which has a certain boost to the antimony market. It is expected that antimony related products will still have upward space in the future.

Polyglutamic acid

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