Price trend

From August 12 to August 19, 2022, the market price of antimony ingots in East China declined. The price at last weekend was 80,750 RMB/ton, and the price at this weekend was 80,000 RMB/ton, down 750 RMB/ton, or 0.93%.

It can be seen from the monitoring data of SunSirs that the antimony ingot market had an upward trend around the Spring Festival, entered a stable period after mid-March, entered a downward channel in mid-April, slowed down at the end of April, stabilized in May, and entered an upward channel in June, after a short period of stability in July, it went down again.

Analysis review

This week, the price of strategic small metal antimony in Europe was mainly down. As of August 19, the price of metal antimony was 13,000 US dollars/ton, which was lowered by 500 US dollars/ton within the week. The summer break in the European market continued to affect the market, and the recent market transactions were relatively deserted.

This week, the antimony ingot market continued its downward trend and continued to decline since mid-July. The price fell from 83,250 RMB/ton in early July to 80,000 RMB/ton, and the price was about to fall below the 8-digit number. On the whole, the overall supply and demand of the market had not changed much from last week, and it was still in a pattern of weak supply and demand. The price of antimony ingot in Europe continued to decline, which once again affected the mentality of the domestic market, and the price continued to fall this week. The recent performance of downstream demand was still poor, and the overall demand declined again.

This week, the domestic market price of antimony trioxide was mainly stable for the time being. The sales of antimony trioxide were still general. The purchasing intention of enterprises was generally low, and the overall purchase of antimony ingots was maintained on demand.

Market outlook

It is expected that the overall performance of the market outlook will remain stable and weak in the absence of improvement in the downstream.

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