1. Price trend

On November 26, the commodity index of antimony (1#) was 72.99, unchanged from yesterday, and the highest point in the cycle was 102.32 points (2012-10-16), which fell 28.66%, up 55.36% from the low of 46.98 on December 24, 2015.

(note: cycle refers to 2012-09-08)

2. Market analysis

Industrial chain: with last week's price increase, the price of antimony on Wednesday was stable.

The price stability of the batch price of 99.5% trioxide is stable at RMB 46500 / ton, 99.8% trioxide, and the price of antimony is stable at 48,500 yuan/ton.

Domestic market: this week the price is more stable, batch price: 2 # high bismuth and antimony ingot last 51000 yuan/ton, 2 # low bismuth and antimony ingot maintain 52000 yuan/ton, 1 # antimony ingot last 53000 yuan/ton, 0 # antimony ingot last 54000 yuan/ton.

The price is above the price of 500 to 1000 yuan per ton.

Industry: in the 47th week of 2017 (11.20-11.24), the commodity prices of commodities were up by 5 kinds of commodities in the index of non-ferrous metals, the first three commodities were cobalt (2.47%), copper (1.95%) and nickel (1.94%) respectively.

There are 11 categories of goods that fall on a month-on-month basis, with a total of 3 categories of goods falling more than 5 per cent, accounting for 13 per cent of the number of commodities monitored in the sector.

Drop the first 3 products of neodymium praseodymium alloys (6.32%) respectively, neodymium praseodymium oxide (5.48%), titanium concentrate (climb. 46) (5.10%).

Macro: the ministry of finance and the state administration of taxation made public consultation on the resource tax law of the People's Republic of China on November 20.

The solicitation draft basically carried out the provisional regulations of the People's Republic of China on resources tax and the policy of resource tax reform, and clarified 4 exemptions and exemptions.

The formulation and implementation of the resource tax law will have a positive effect on the non-ferrous metal market.

Third, the market forecast

After three weeks of continuous confidence, the end buyers began to accept the price of the seller gradually. Next week, it is expected that the price of antimony will maintain this price for a period of time and the transaction will be stable.