Weak demand, antimony ingot prices continue to fall (November 4 to November 11)

From November 4, 2022 to November 11, 2022, the market price of antimony ingots in East China will be lowered. Last weekend, the price was 78750 yuan/ton, and this weekend, the price was 77750 yuan/ton, down 1.27%.

 

The K-bar chart of commodity prices reflects the weekly or monthly price changes in the form of a bar chart based on the concept of price trend K-line. Investors can buy, sell and invest according to the changes in the K-bar chart. Red means 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 antimony ingot market has been on the up trend in the near future around the Spring Festival. It entered a stable period after the middle of March, and entered a downward channel in the middle of April. The decline trend slowed down at the end of April. The trend was stable in May. The price entered an upward channel in June. After a short period of stability in July, it fell again. After August, the market was gradually stable, flat for seven consecutive weeks, and the price began to decline at the end of October.

 

EDTA

The price of strategic small metal antimony in Europe this week (unit: USD/t)

 

Variety, November 4, November 11, up and down

European small metal antimony., 11700., 10900., – 800

This week, the price of strategic small metal antimony in Europe remained stable for the time being. As of November 11, the price was 10,900 US dollars/ton, with a weekly drop of 800 US dollars/ton. The market transaction was cold and the negotiation was limited.

 

Antimony ingot prices continued to decline this week, with European prices falling to US $10900/t for the first time, and dropping by US $800/t weekly. This week, the price of antimony ingots dropped continuously, with a cumulative decrease of 1000 yuan/ton. This round of decline occurred after the antimony ingot market temporarily stabilized for seven consecutive weeks, and broke the weak balance of the market at the end of October. The price of antimony ingot fell continuously due to the performance of antimony oxide in the downstream. At present, the market performance of downstream flame retardants is poor, the application of antimony oxide is limited, and the price continues to decline under the lack of demand support. The antimony oxide manufacturers suspend the purchase of antimony ingots. In terms of supply and demand, the overall change in the near future is not big. Under the pattern of weak supply and demand, downstream enterprises still maintain on-demand procurement. In terms of supply, the output in October has not changed much since the domestic large factories resumed production in September. As the external antimony ingot price continues to decline slightly, market participants generally believe that the possibility of antimony ingot price declining is growing. The business community expects that the overall performance of the antimony ingot market will remain stable and weak under the condition that the downstream demand will not improve in the near future.

 

Melamine

Price trend of antimony oxide this week (unit: yuan/ton)

 

Variety, November 4, November 11, up and down

99.5% antimony trioxide, 65500., 65000., – 500

99.8% antimony trioxide, 67500., 67000., – 500

The domestic antimony oxide market price was weak this week, the sales of antimony oxide remained weak, and the downstream market was short of gas. The purchase of antimony ingots by antimony oxide enterprises is still on demand in the near future, and the overall market atmosphere is wait-and-see.

http://www.lubonchem.com/

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