From February 10 to February 17, 2023, the market price of antimony ingots in East China rose, with the price of 85750 yuan/ton at the end of last week and 86750 yuan/ton at the end of this week, up 1.17%.

The commodity price K-bar chart uses the concept of price trend K-line to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investments according to the changes in the K-bar chart. Red indicates: rising; Green means: down; The height of the K column indicates the range of rise and fall. It can be seen from the above figure that the recent upward trend of antimony ingot market before and after the Spring Festival, entered a stable period after the middle of March, entered a downward channel in the middle of April, the decline slowed down at the end of April, the trend was stable in May, the price entered an upward channel in June, and then went down again after a brief stable period in July. After August, the market stabilized step by step, remained flat for seven consecutive weeks, the price began to decline continuously at the end of October, and the price began to warm up after December.

This week, the price of European strategic small metal antimony rose slightly near the weekend, to 12800 US dollars/ton on February 17, and rose 100 US dollars/ton on Friday. The market atmosphere in the week was fair.

The price of antimony ingots continued to rise this week, but the overall increase slowed down compared with the previous period. At present, the market trading is still relatively active. On the supply side, the supply of antimony ingot market is still tight due to the dual impact of tight mining end and low domestic construction. With the market price rising all the way, the fear of high prices began to appear in the market this week, the market growth slowed down, the wait-and-see mood gradually rose, and the downstream still maintained on-demand procurement. In the future, the market is still positive. It is expected that the market will be stable and strong, but the rising range may be limited.

This week, the antimony oxide market was temporarily stable after rising. Under the tight supply of raw materials, the market procurement was more active than in the early stage. After the Lantern Festival, the market was basically completely resumed. At present, the construction was gradually resumed, and the overall market was relatively strong.

The non-ferrous index stood at 1172 points on February 16, down 9 points from yesterday, down 23.80% from the cycle’s highest point of 1538 points (2021-10-18), and up 93.08% from the lowest point of 607 points on November 24, 2015. (Note: the period refers to 2011-12-01 to now).