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Weekly market review|Antimony market review this week #1102-1106#

Release date:2020/11/9 17:22:56

antimony


Several factors make the market continue to be optimistic about the outlook


The market price of antimony products was relatively stable last week, and some prices rose slightly. As the supply and demand pattern in the previous market remained unchanged, the market price of antimony products remained strong. As overseas prices continue to rise, the domestic market has more confidence in the market. .


At present, several major factors make the market continue to be optimistic about the outlook.


First of all, according to market participants, the current situation of importing raw materials is still tight. For example, antimony mines such as Russia are unable to enter the country due to various reasons such as the epidemic, which makes the large-scale entry of the original advanced mines and suppresses domestic prices. It ceased to exist for a long time.


At least according to market participants, antimony ore from Russia and other countries will not be imported into the country this year. Therefore, at the level of raw material supply, since the proportion of domestic and foreign imported ore is already 50-50, foreign countries cannot enter, and domestic mines are not enough. , The situation of antimony ore in short supply will continue.


Secondly, environmental protection inspections for antimony exceeding standards in Hunan Province and other places have become more stringent. Recently, environmental inspection teams will be stationed again. This will also continue to cause some manufacturers to reduce production and stop production. It is understood that at present, several manufacturers in the Xikuangshan area, Most of them are in a discontinued state, partly because there are no raw materials, and partly because they have to cooperate with environmental inspections.


As a result, the supply level, especially the supply of antimony ingots, may be even more elusive.


Thirdly, as many domestic manufacturers have completed the transformation of their production lines in the near future, it is reported that they have begun to prepare for restocking in the near future due to the lack of hoarding of raw materials. The stability or even increase of domestic demand will give a huge impetus to the price stability of antimony products, market participants said At present, China’s demand confidence is high, and its dependence on the U.S. market is also declining. Since the epidemic this year, foreign demand has not been significantly affected. What should be bought abroad is still buying. Therefore, whether it is overseas demand or domestic demand, It shouldn't be too bad.


Finally, coupled with the traditional stocking peak for the Chinese New Year immediately, the downstream side will usher in a procurement peak.


Therefore, various factors support the stable upward trend of antimony market prices, and it can be predicted that antimony prices will continue to perform well in the near future.



In terms of antimony ingots, the average price of SMM antimony as of the weekend: 2# low-bismuth antimony ingot 41750 yuan/ton, 1# antimony ingot 42250 yuan/ton, 0# antimony ingot 43,000 yuan/ton, the price unchanged compared with last week.


The average price of 2# high bismuth antimony ingot is 40750 yuan/ton, which is 250 yuan/ton higher than last week.


As for the market price of antimony oxide, as of the end of the week, the average price of SMM antimony trioxide was 99.5% at 38,500 yuan/ton, and 99.8% at 39,500 yuan/ton, an increase of 500 yuan/ton compared to last week.


東莞杰夫 三氧化二銻

Address: Geoff Industrial Park, Dalang Town, Dongguan town level industrial zone

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