Antimony ingot Market Price callback (May 24 to May 28)

The market price of antimony ingots in East China fell from May 24 to May 28, 2021, with a decrease of 56250 yuan / T at the beginning of the week, 55250 yuan / T at the weekend, and a 1.78% decline in the week.

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The antimony commodity index on May 29 was 76.91, which was flat with yesterday, down 24.83% from the highest point 102.32 (2012-10-16) in the cycle, up 63.71% from the lowest point of 46.98 on December 24, 2015( Note: the cycle refers to 2012-09-08 to date).

This week, both sides of the supply and demand remained stagnant, downstream purchasing intention continued to be depressed, and market prices continued to decline. At the beginning of the year, the price of antimony ingot was affected by supply tension, and the price was high. After entering April, the price entered the down channel after lack of downstream support. In May, with the withdrawal of environmental protection supervision team, enterprises in Hunan Province began to resume construction, and the market supply recovered from the earlier stage, but the demand of downstream still did not change. Enter the off-season of traditional industry in the second quarter immediately, downstream demand will continue to shrink, and market mentality is generally weak.

As of May 28, the domestic market has 2 antimony ingots of 52000 yuan / ton, 1 antimony ingot of 56500 yuan / ton, and 0 × 57500 yuan / ton.

At present, supply and demand of antimony ingot Market are weak, which will enter the traditional off-season, and demand will decline. It is expected that there may be a certain falling space for the price of antimony ingots in the future.

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