In September 2020, the domestic market price of 1# antimony ingot was raised. The average domestic market price was 38,375 yuan/ton at the beginning of the month and 40,500 yuan/ton at the end of the month, an increase of 5.54%.

On September 28, the antimony commodity index was 54.99, which was the same as on September 27, a decrease of 46.26% from the cycle high of 102.32 points (2012-10-16), and an increase of 17.05 from the low of 46.98 points on December 24, 2015. %. (Note: Period refers to 2012-09-08 to present).

The prices of antimony products in the first half of September remained stable in the first half of the month. The market sentiment was light, with limited enquiries, downstream on-demand purchases, and average transactions. The overall market performance in the first half of the month was flat. Although the price of antimony products remained stable at the beginning of the middle ten days, market transactions gradually increased, downstream purchases increased, foreign demand improved, and market sentiment began to become active. As the mine supply continues to be tight and manufacturers are reluctant to sell and other factors continue to ferment into the second half of the year, antimony products officially ushered in the second wave of rising prices during the year. Affected by multiple favorable factors such as improving foreign demand, strong domestic manufacturers' attitudes to price, stocking before long holidays, and tight supply at the mine end, the price of antimony products began to rise. After three rounds of increases, the domestic market average price of 2# low bismuth antimony ingot was 39,750 yuan/ton, 1# antimony ingot was 40,250 yuan/ton, 0# antimony ingot was 41,250 yuan/ton, and the average price of 2# high bismuth antimony ingot was 37,750 yuan/ton. yuan/ton, up 2,000-2,500 yuan/ton from last month. The market price of antimony trioxide closely follows the rising trend of antimony ingots. As of the 30th, the average market price of antimony trioxide is 99.5% at 36,000 yuan/ton and 99.8% is around 37,500 yuan/ton, up 1,500-2,000 yuan from the same period last month. 

SunSirs believes that due to the frequent volatility of the current international and domestic metal markets, there are frequent positive factors, foreign price increases, antimony product manufacturers' reluctance to sell, concerns about the supply of antimony products in the market outlook, and improvement in downstream demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.