Antimony ingot price rises by 5.54% in September 2020

In September 2020, the domestic market price of 1 ᦇ antimony ingot will rise. The average price of domestic market will be 38375 yuan / ton at the beginning of the month and 40500 yuan / ton at the end of the month, with an increase of 5.54%.

 

On September 28, the antimony commodity index was 54.99, unchanged with yesterday, down 46.26% from 102.32 (2012-10-16), and 17.05% higher than 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

 

Sodium Molybdate

In the first half of this month, the price of antimony products remained stable, the market trading atmosphere was light, the inquiry was limited, the downstream purchase on demand, the transaction was general, and the overall market performance was flat in the first half of this month. At the beginning of the middle of the year, although the price of antimony products remained stable, the market turnover gradually increased, downstream procurement increased, and foreign demand improved, and the market atmosphere began to become active. With the continuous tight supply of ore, manufacturers are reluctant to sell and other factors continue to ferment into the late ten days, antimony products officially ushered in the second wave of rise in the year. The price of antimony products began to rise under the combined influence of multiple favorable factors such as the improvement of foreign demand, the strong attitude of domestic manufacturers to support prices, the preparation of goods before the long holiday and the tight supply at the mine end. After three rounds of rising, the average price of 2 × low Bi sb ingot was 39750 yuan / T, 1:40250 yuan / T, 0:41250 yuan / ton, and the average price of 2:00 high bismuth antimony ingot was 37750 yuan / ton, which was 2000-2500 yuan / ton higher than that of last month. The market price of antimony trioxide closely follows the rising trend of antimony ingot. As of the 30th, the average market price of antimony trioxide is 99.5% at 36000 yuan / ton and 99.8% at 37500 yuan / ton, which is 1500-2000 yuan / ton higher than the same period of last month.

 

According to the business association, under a series of favorable factors, such as frequent fluctuations in the international and domestic metal markets, frequent positive factors, rising foreign prices, reluctance of antimony manufacturers to sell antimony products, worries about future market supply and improvement of downstream demand, it is expected that the future market price will be stable and strong.

http://www.lubonchem.com/

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