From March 1 to March 5, 2021, the market price of antimony ingots in East China rose slightly, starting at 59750 yuan/ton at the beginning of the week and at 68750 yuan/ton at weekends, an increase of 15.06%.

The antimony commodity index on March 8 was 97.10, a decrease of 5.10% from the cycle high of 102.32 points (2012-10-16), and an increase of 106.68% from the lowest point of 46.98 on December 24, 2015. (Note: Period refers to 2012-09-08 to present).

The price of antimony concentrate has been rising all the way, and domestic antimony mining has resumed slowly. There has been no clear news about the resumption of work recently. Recently, domestic smelting mainly relies on imported mineral sources. Affected by foreign public health incidents, the situation of imported antimony ore is not optimistic. In the past six months, there have been only sporadic Small batches of imports from China are in vain for alleviating the shortage of domestic mine supply. On March 8, the European strategic small metal price was 10,250 U.S. dollars/ton, and on March 4, the European strategic small metal quotation was only 9,750 U.S. dollars/ton, which was raised by 500 U.S. dollars/ton for three consecutive days. The rise in international antimony ingot prices further increased Affecting the domestic spot market price, the domestic antimony ingot market price has been raised for 5 consecutive days, with a cumulative increase of 900 yuan/ton.

As of March 8th, the average price of 2# low bismuth antimony ingot is 68,500 yuan/ton, 1# antimony ingot is 70,000 yuan/ton, 0# antimony ingot is 71,000 yuan/ton, and the average price of 2# high bismuth antimony ingot is 64,000 yuan/ton. At the beginning of the month, the price increased by about 1,000-1200 yuan/ton. The market price of antimony trioxide continued to rise following the trend of antimony ingots. As of the 8th, the average price of antimony trioxide was 99.5% at 64,000 yuan/ton and 99.8% at 65,000 yuan/ton, an increase of about 1,000-1200 yuan/ton from the beginning of the month.

According to SunSirs price monitoring, in the 9th week of 2021 (3.1-3.5), there are 13 commodities in the non-ferrous sector that have increased month-on-month, of which 5 commodities have increased by more than 5%, accounting for the number of monitored commodities in this sector The top 3 commodities were antimony (15.06%), praseodymium oxide (10.06%), and dysprosium metal (5.88%). A total of 8 commodities fell month-on-month, and a total of 4 commodities fell more than 5%, accounting for 18.2% of the number of monitored commodities in this sector; the top 3 products that fell were nickel (-12.39%) and cobalt (-8.66%) , Silver (-6.31%). Most of the non-ferrous metals market rose.

The current tight supply of mines is difficult to alleviate. Both domestic and overseas imports are difficult to increase in the short term. Smelters can only continue to increase the ex-factory price to achieve the purpose of reluctance to sell. Therefore, there is still room for the price of antimony ingot to rise in the future.

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