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Home > Antimony News > News Detail
Antimony News
SunSirs: Morning News of Nov 8, Antimony Commodity Index 58.47
November 08 2019 13:14:45SunSirs(Linda)

On Nov 7, the Antimony Commodity Index was 58.47, the same as that of Nov 6. Compared with the peak of 102.32 (Oct 16, 2012) in the cycle, it dropped 42.86%. While it was 24.46% higher than the lowest level of 46.98 (Dec 24, 2015). (Cycle: Sep 08, 2012 to date)

The main financial data of the nonferrous metal market: The U.S. dollar rose 0.198 to 98.147 on the 7th, continued to increase 0.2%. A spokesman for the International Monetary Fund said that if the United States and China reach a first stage trade agreement to phase out tariffs, this may improve the IMF's baseline for global economic forecasts. Affected by these, metals in LME almost increased, CAD increased 1.98%, AHD increased 0.42%, ZSD increased 0.71%, NID increased 0.09%, SND increased 0.18%, PBD increased 0.36%. In terms of the domestic market, RB decreased 0.84%, SS decreased 0.2%, CU increased 0.61%, AL increased 0.42%, ZN increased 0.13%, PB decreased 0.16%, NI decreased 0.31%, SN increased 0.07%. Brent crude closed at 62.37USD, increasing 1.02%; American crude closed at 57.07USD, increasing 1.28%.

On Nov 7, the Antimony Commodity Index was 58.47, the same as that of Nov 6. Compared with the peak of 102.32 (Oct 16, 2012) in the cycle, it dropped 42.86%. While it was 24.46% higher than the lowest level of 46.98 (Dec 24, 2015). (Cycle: Sep 08, 2012 to date)

The main financial data of the nonferrous metal market: The U.S. dollar rose 0.198 to 98.147 on the 7th, continued to increase 0.2%. A spokesman for the International Monetary Fund said that if the United States and China reach a first stage trade agreement to phase out tariffs, this may improve the IMF's baseline for global economic forecasts. Affected by these, metals in LME almost increased, CAD increased 1.98%, AHD increased 0.42%, ZSD increased 0.71%, NID increased 0.09%, SND increased 0.18%, PBD increased 0.36%. In terms of the domestic market, RB decreased 0.84%, SS decreased 0.2%, CU increased 0.61%, AL increased 0.42%, ZN increased 0.13%, PB decreased 0.16%, NI decreased 0.31%, SN increased 0.07%. Brent crude closed at 62.37USD, increasing 1.02%; American crude closed at 57.07USD, increasing 1.28%.

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