From February 3 to February 10, 2023, the market price of antimony ingots in East China rose, with the price of 81500 yuan/ton at the end of last week and 85750 yuan/ton at the end of this week, up 5.21%.
| Azodicarbonamide (AC foaming Agent) |
The commodity price K-bar chart uses the concept of price trend K-line to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investments according to the changes in the K-bar chart. Red indicates: 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 recent upward trend of antimony ingot market before and after the Spring Festival, entered a stable period after the middle of March, entered a downward channel in the middle of April, the decline slowed down at the end of April, the trend was stable in May, the price entered an upward channel in June, and then went down again after a brief stable period in July. After August, the market stabilized step by step, remained flat for seven consecutive weeks, the price began to decline continuously at the end of October, and slightly recovered after the end of December.
European strategic small metal antimony price this week (unit: USD/ton)
Variety/ February 3/ February 10/ Up and down
European small metal antimony/ 12700./12700./ -
This week, the price of European strategic small metal antimony was temporarily stable, and the price was 12700 US dollars/ton by February 10. The market price was temporarily stable during the week, and the negotiation atmosphere was OK.
Antimony ingot prices continued to rise this week, with active market trading. On the supply side, it will take some time to resume work during the holiday. Therefore, the antimony ingot market is still in a tight supply situation. The suppliers have a strong reluctance to sell recently, and the quotations have also been continuously raised. Driven by the current market atmosphere, the demand side has active market transactions, active inquiries, and the expected improvement of export conditions. The actual transaction of the market has improved significantly. With the rising prices, at present, it is mainly the purchase on demand, while other transactions are slightly light. In the future, the price of antimony ingot will remain stable, medium and strong in the future under the expectation of tight supply and improved demand. However, with the fall of trading atmosphere, the rising space may be limited.
Antimony oxide price trend this week (unit: yuan/ton)
Variety/ February 3/ February 10/ Up and down
99.5% antimony trioxide./73000./75500./+2500
99.8% antimony trioxide./74500./77000./+2500
| povidone Iodine |
This week, the antimony oxide market rose broadly, and the market turnover was significantly improved. Under the tight supply of raw materials, the market procurement was more active than in the early stage. After the Lantern Festival, the market was basically completely resumed. At present, the construction was gradually resumed, and the overall market was relatively strong.
The non-ferrous index stood at 1191 points on February 12, unchanged from yesterday, down 22.56% from the highest point of 1538 points in the cycle (2021-10-18), and up 96.21% from the lowest point of 607 points on November 24, 2015. (Note: the period refers to 2011-12-01 to now).
According to the price monitoring of the Business Agency, there were four commodities in the non-ferrous sector in the list of commodity prices rising and falling in the 6th week of 2023 (2.6-2.10), with antimony (3.94%), nickel (2.96%) and lead (0.49%) among the top three commodities. A total of 17 commodities fell on a month-on-month basis, and the first three products fell were Praseodymium neodymium oxide (- 4.35%), dysprosium ferroalloy (- 2.46%) and dysprosium oxide (- 2.45%). The average rise and fall of this week was -0.82%.
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