From March 10 to March 17, 2022, the market price of antimony ingots in East China rose. The price was 81250 yuan / ton last weekend and 82750 yuan / ton this weekend, up 1.85% a week.

The K-bar chart of commodity price uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investment according to the changes of K-bar chart. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall. As shown in the figure above, the price of antimony ingots continued to rise after the Spring Festival, and the increase gradually expanded.

The price of antimony ingots continued to rise this week. The market was affected by the conflict between Russia and Ukraine, and the market mentality tended to be tense. Driven by this mentality, the sellers’ reluctance to sell became stronger and stronger, and the market trading was more active, which further boosted the sellers’ mentality of raising prices. There has also been some demand release in the downstream recently. Due to the high price, the purchase mentality is affected. At present, it is mainly just on-demand purchase. The overall transaction of the market is acceptable, and it is still based on demand. The external price is also mainly upward this week. At present, the European Strategic small metal antimony ingot (99.65%) has risen to US $15000 / ton, an increase of US $350 / ton compared with last week. Under the overall strong market mentality, it is expected that the market price will continue to maintain a stable, medium and strong trend.