SunSirs: Price of Antimony Ingot is Temporarily Stable, Manufacturers Have Strong Intention to Hold up the Price (June 28 - July 2)

From June 28 to July 2, 2021, the market price of antimony ingots in East China is temporarily stable, at 55,000 yuan/ton.

The antimony commodity index on July 2 was 76.57, a decrease of 25.17% from the cycle high of 102.32 points (2012-10-16), and an increase of 62.98% from the lowest point of 46.98 on December 24, 2015. (Note: Period refers to 2012-09-08 to present).

Antimony ingot market prices are mainly moving upwards steadily. Manufacturers are expected to increase prices. This week's market enquiry atmosphere is slightly more active than the previous period, and shipments have improved to a certain extent compared with the previous period, but the overall price is still low. Manufacturers have a strong willingness to keep prices, and there is a certain reserve demand in the downstream, which supports the strong price trend of antimony ingots.

As of July 2nd, the domestic market 2# antimony ingot 54500 yuan/ton, 1# antimony ingot 59,000 yuan/ton, and 0# antimony ingot 60000 yuan/ton.

Antimony ingot manufacturers have strong intention to increase prices, and antimony ingot prices are expected to fluctuate and strengthen in the future.

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