Price trend
On March 13th, the average price of 1 # antimony ingot in Hunan Province was 198,500 RMB/ton, and the average price of 0 # antimony ingot was 200,500 RMB/ton, an increase of 9,000 RMB/ton from the previous trading day.
On March 13th, the average price of 50% antimony concentrate in Hunan Province was 161,000 RMB/ton, an increase of 9,000 RMB/ton from the previous trading day.
Analysis review
The domestic antimony ingot market has been continuously rising recently, and holders had a strong mentality of holding high prices and being reluctant to sell, constantly raising their quotes. Downstream maintained procurement on demand.
Market outlook
It is expected that the antimony ingot market will maintain a stronger operation in the short term.
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