1、 Price trend of antimony ingot
According to the data monitoring of business agency, in 2019, the price of antimony ingot Market in East China was 50500 yuan / ton at the beginning of the year (01.01), 39125 yuan / ton at the end of the year, down 22.52% annually. The peak value of the year occurred on January 1, and the quotation was 50500 yuan / ton. In the year, the low value appeared on August 29, with the quotation of 37500 yuan / ton and the annual amplitude of 25.74%.
2、 Overview of antimony ingot Market
Since entering the market in 2019, the price of antimony ingot has entered a downward channel. Generally speaking, the market trading before and after the Spring Festival is very cold. Most manufacturers completed the stock purchase in advance at the end of January and entered the Spring Festival holiday. After the opening of the Spring Festival holiday, there are scattered transactions in the market, so the antimony ingot Market is relatively cold from January to February. After March, due to the influence of capital pressure, some manufacturers are eager to cash out, so they reduce the original high price and close to the price range that can be traded in the actual market. The overall market atmosphere is cold, the inventory of manufacturers is high, and the price drops. In addition, the market’s sentiment of buying up and not buying down depressed, and the actual transactions were mostly long orders, so it was difficult for the market to have demand support. Near the end of May, the price of antimony ingot has broken the 40000 yuan / ton threshold. Although the strong price sentiment of production suppliers is strong, the downstream purchase intention continues to be low, lacking the support of transaction, and the price is difficult to maintain stability. In June, the strong price sentiment of domestic mainstream enterprises was high, but in the past month, the demand side wait-and-see mood was strong. Some manufacturers and suppliers began to loose the sales price. From the actual demand side purchase situation, the small amount of terminal purchase is the mainstream, while the speculative demand is light, and the price of antimony ingot always hovers below 40000 yuan / ton. Then in the traditional off-season of July and August, the antimony ingot Market is difficult to improve. At the beginning of September, a large-scale domestic enterprise had a month’s maintenance plan news released, the manufacturer’s market price sentiment was obvious, the price rose by about 2000 yuan / ton in a short term, the market price continued to rise to the middle of October, with an average increase of about 2500 yuan / ton, and immediately ended the third quarter into the fourth quarter of the traditional peak season, the downstream stock was more active, the overall transaction of the market was good, some trade was good E-commerce is reluctant to sell, and the overall market atmosphere is good. In late October, the market price stopped rising and entered consolidation after a rapid rise. Both sides of the market began to test and wait for each other. After nearly a month of price stalemate game between the two sides, in late November, some manufacturers began to reduce their prices slightly and sell, resulting in a certain degree of price decline. However, nearly the end of the year, most manufacturers have basically completed their annual tasks, and will not make too much adjustment to the market. This price correction is also a small-scale fluctuation after the early rise, with limited impact on the market. Major domestic manufacturers Good price mentality is still strong. Near the lunar new year, most of the manufacturers have completed their tasks, and the market has entered the consolidation period again.
According to the statistics of antimony trioxide output of member enterprises of antimony branch of China Nonferrous Metals Industry Association, the output of antimony trioxide in October 2019 was 8610 tons, with a growth rate of 8.5% on a month on month basis and 7.4% on a year-on-year basis; the output of antimony trioxide from January to October was 76692 tons, with a growth rate of 8.2% on a year-on-year basis. From the perspective of the production of antimony trioxides by province and region, from January to October 2019, the top five provinces and regions in the production of antimony trioxides were: Hunan 48472 tons, accounting for 63.2% of the total production; Guangxi 14236 tons, Guangdong 6650 tons, Guizhou 4135 tons, Yunnan 3065 tons, accounting for 18.6%, 8.7%, 5.4% and 4.0% of the total production respectively..
Ministry of ecological environment: enterprises with high environmental performance during heavy pollution period may not reduce emissions: on December 26, Ministry of ecological environment held a press conference. According to the comprehensive Department of the Ministry of ecological environment, it is necessary to urge local governments to improve the emergency emission reduction list of heavy pollution weather, classify 46000 key enterprises in Beijing, Tianjin, Hebei and surrounding areas, Fenwei plain and other key regions according to the environmental performance level, and take differentiated control measures. During the early warning period of heavy pollution, enterprises with high environmental performance level may not take emission reduction measures, while enterprises with poor performance level need to add Major emission reduction efforts. Through classified supervision and guidance, enterprises should consciously adopt higher standards to reduce emissions and actively contribute to improving the quality of ecological environment.
The Ministry of Commerce publicized and declared the list of enterprises with qualification for export of tungsten, antimony and silver in 2020-2021: in order to further strengthen the export management of rare metals and standardize the export operation order, according to the relevant provisions of the foreign trade law of the people’s Republic of China and the regulations of the people’s Republic of China on the administration of import and export of goods, the Ministry of Commerce will now declare and declare the export of tungsten, antimony and silver in 2020-2021 The list of e-qualification enterprises shall be publicized. 1、 The publicity period is from December 6 to 12, 2019. If you have any objection, please send the written opinion to the foreign trade department of the Ministry of Commerce before 17:00 on December 12, 2019 (subject to the time when the fax is received). 2、 This publicity only solicits opinions from listed enterprises, and does not accept new declaration. 3、 If the enterprise to be supplemented in the list can supplement relevant materials within the publicity period, it will be transformed into an enterprise that meets the application conditions, otherwise it will be treated as an enterprise that does not meet the application conditions. Contact unit: foreign trade department Resource Office Tel: 010-65197467 Fax: 010-65197434.
Chinese enterprises cooperate with Tajikistan in mining battery metal antimony: it is understood that a Chinese enterprise will cooperate with Tajikistan in mining battery metal antimony next year. Antimony can be used in the preparation of new anode materials because of its flame retardancy. Due to their good physical and chemical properties, antimony based and tungsten based materials have become one of the key materials for energy storage experts to study the negative electrode. It is understood that talco, the state-owned Aluminum Company of Tajikistan, aims to eventually produce 10% of the world’s antimony production. The cooperation with Chinese enterprises plans to produce 2.2 tons of gold, 15000 tons of antimony and 6000 tons of antimony oxide every year. Last year, Tajikistan produced 6.4 tons of gold.
National Bureau of Statistics: in the three quarter, China’s GDP grew by 6% over the same period last year. In the first three quarters, faced with the complex situation of increasing risks and challenges at home and abroad, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, all localities and departments conscientiously implemented the decision making and deployment of the Party Central Committee and the State Council, firmly upholding the overall tone of the work, persisting in the new development concept, and continuously deepening the structural reform of the supply side. We will strengthen counter cyclical adjustment, focus on stabilizing employment, finance, foreign trade, foreign investment, investment and expectations, and focus on the implementation of various policies. The overall operation of the national economy will be stable, the economic structure will continue to be optimized, and people’s wellbeing will continue to improve. According to preliminary accounting, the gross domestic product in the first three quarters was 69779.8 billion yuan, an increase of 6.2% year-on-year at comparable prices. On a quarterly basis, the growth rate was 6.4% in the first quarter, 6.2% in the second quarter and 6.0% in the third quarter. By industry, the added value of the primary industry is 430.05 billion yuan, an increase of 2.9%; the added value of the secondary industry is 27786.9 billion yuan, an increase of 5.6%; the added value of the tertiary industry is 37692.5 billion yuan, an increase of 7.0%.
Outlook for the future
Next week is facing the cross year market. The domestic and foreign commodity markets are closed on New Year’s day on Wednesday. In the first half of the week, the market is cautious and the trading is light. In the second half of the week, at the beginning of the year 2020, the macro environment is still in a more optimistic mood. However, according to their own fundamental characteristics, each item may increase its position trading in the new year in an orderly manner. The spot market will also open a new page in 2020. It is expected that antimony market will enter the market in the short term The whole period.