Raw materials are tight, demand improves, and prices of antimony products are steadily rising

Last week, the market price of antimony products started to rise as a whole. Due to the long-term tightness of antimony ore raw materials, the situation has not been alleviated. According to the gossip, some recent bidding meetings for antimony raw materials in the market have repeatedly seen surprisingly high bid prices.

However, considering that the raw material tension situation may continue for a long time, some large domestic manufacturers have also begun to restrict the sales of antimony ingots to prevent the embarrassing situation of insufficient supply of raw materials after short-selling.

Market participants also admitted that the price of precious metals has fallen sharply recently, and the downward trend will continue. As a result, raw materials containing precious metal antimony such as gold and antimony ore have also begun to lose their advantages. Because the price of antimony abroad has been rising, importing antimony ore Pricing has also become unprofitable.

Therefore, many market participants said that unless antimony prices rise sharply, the replenishment of imported raw materials will also be hindered.

On the demand side, the downstream buying activity has been on the rise recently, and the desire of middlemen to buy is also strong. Coupled with rising foreign prices, the export situation has gradually improved. Driven by the dual benefits of supply and demand, Antimony prices started the second official increase this year.

The supervision of environmental protection is still underway in Hunan Province, which will also have a certain impact on the recent supply.

In terms of antimony ingots, the average price of SMM antimony as of the weekend: 2# low-bismuth antimony ingot 38750 yuan/ton, 1# antimony ingot 39250 yuan/ton, 0# antimony ingot 40250 yuan/ton, the price increased by 1500 yuan/ton compared with last week , The average price of 2# high bismuth antimony ingot was 36750 yuan/ton, an increase of 1000 yuan/ton compared to last week.

As for the market price of antimony oxide last Wednesday, as of the end of the week, the average price of SMM antimony trioxide was 99.5% at 35,500 yuan/ton and 99.8% at 37,000 yuan/ton, an increase of 1,000 yuan/ton compared to last week. It is expected that the antimony market price this week is likely to continue its upward pace.

東莞杰夫 三氧化二銻