Price Trend

This week (4.08-4.12) the domestic price of 1 # antimony ingot fell, and the average price in the domestic market was 43750 yuan/ton, which was flat.

On April 12, the Sb Commodity Index was 60.90, unchanged from yesterday, down 40.48% from its peak of 102.32 points in the cycle (2012-10-16), and up 29.63% from its low of 46.98 points on December 24, 2015. (Note: Period refers to 2012-09-08 to date).

II. Market Analysis

Upstream and downstream: domestic antimony sulfide concentrate (Sb < 55%) market quotation as of Friday is 3450-35500 yuan/metal ton, average price is 35000 yuan/metal ton; this Wednesday antimony oxide price followed the trend of antimony ingot to stop falling and stabilize, as of Friday 99.5% in 38500 yuan/ton, 99.8% in 39750 yuan/ton, downstream demand is still limited, the overall market outlook is mainly limited, transaction is limited, digestion of pre-inventory. Mainly.

Domestic market: Antimony ingot: This week, the price of antimony ingot is stable. As of December, the mainstream domestic price is 2_high bismuth antimony ingot 42250 yuan/ton, 2_low bismuth antimony ingot 43500 yuan/ton, 1_antimony ingot 44500 yuan/ton and 0_antimony ingot 45000 yuan/ton. The market of antimony ingots stopped falling and stabilized this week, boosted by the news of production shutdown in Lengshuijiang area.

Non-ferrous industry: Zhou Dollar’s performance first restrained and then rose, making the basic metals rise at the beginning of the week and then gradually fall back. On the weekend, it gave up the increase in the week and gave up its empty power.

3. Prospects for the Future Market

Next week, there will be a lot of data at home and abroad, and it is expected to continue to be good. Although macro-confidence tends to be positive, the US dollar is afraid to rise, commodities are still under pressure. Basic metals show different performances according to their fundamentals. Antimony ingot Market focuses on downstream demand.