From May 5 to May 12, 2023, the market price of antimony ingots in East China is weak. Last weekend, the price was 82125 yuan/ton, and this weekend, the price was 81875 yuan/ton, down 0.3%.

The K-bar chart of commodity prices uses the concept of a price trend K-line to reflect weekly or monthly price fluctuations in the form of a bar chart. Investors can buy and sell investments based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-bar represents the range of fluctuations. From the above chart, it can be seen that the antimony ingot market has recently shown an upward trend before and after the Spring Festival. It entered a stable period after mid March, entered a downward channel in mid April, and the decline slowed down at the end of April. The trend remained stable in May, and prices entered an upward channel in June. After a brief period of stability in July, the market continued to decline again. After August, the market gradually stabilized and remained stable for 8 consecutive weeks. At the end of October, prices began to decline continuously. After December, prices continued to recover, and in mid to late March, they remained stable after three consecutive weeks of decline.

The price situation of European strategic small metal antimony this week (unit: USD/ton)

Variety/ May 5th/ May 12th/ Up and down

European small metal antimony/ 12050./12050./-

This week, the price of European strategic small metal antimony has temporarily stabilized, with a price of $120150/ton as of May 5th. Currently, the overall market atmosphere is on the wait-and-see side.

Most of the antimony ingot market has remained temporarily stable in recent times, with little change in market supply and demand, resulting in poor demand. The supply side is slightly tight, and the situation of tight supply at the mining side has not significantly improved. However, this news has been basically digested by the market, making it difficult to trigger market trends. The overall performance of the demand side is still weak in the near future, and the purchase of antimony ingots remains in demand. Downstream manufacturers have some resistance towards raw material prices, especially antimony oxide, which has been experiencing poor sales performance and poor terminal demand, making it difficult for raw material prices to continue to rise. Overall, the antimony ingot market, which lacks demand support, is difficult to improve, and the market supply and demand remain in a weak balance, making it difficult to break in the near future. In the future market, there is currently a strong wait-and-see mentality, and actual transactions are slightly light. Due to a lack of demand support, it is expected that the overall stability and weak operation in the future market will be the main focus.

The price trend of antimony oxide this week (unit: yuan/ton)

Variety/ May 5th/ May 12th/ Up and down

99.5% antimony trioxide./71000./71000./0

99.8% antimony trioxide./72500./72500./0

This week, the antimony oxide market continued to maintain a temporary stable operation, with overall stable construction. The demand for antimony ingots remained in high demand, while the intention to receive upstream goods was weak, with most of them maintaining on-demand procurement.