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[SMM Antimony spot Weekly] Antimony ingot manufacturers continue to bid for a week in general (2019.06.10 to 2019.06.14)
Jun 14,2019 16:19CST
translation
The content below was translated by Tencent automatically for reference.

SMM, June 14, 2019:

This week the big manufacturers in the antimony industry continued to raise the price of antimony ingots. In particular, the price of antimony ingots quoted by some industry leaders is not less than 40000 yuan per ton, and the price stability of antimony ingots supports the overall price stability of other varieties in antimony city this week.

Raw materials: external antimony prices continued to fall this week, manufacturers to buy foreign imports of ore demand is even stronger. However, due to the stable price of domestic antimony ingots, the raw material price of antimony oxide powder separated from domestic single antimony ore and lead plant is still maintained at 30000 yuan / ton.

Antimony ingots: the mainstream large production enterprises and some suppliers firmly stabilized the No. 1 antimony ingot quotation at 40000 yuan / ton this week, but the inquiry activity was obviously weakened compared with last week, and the actual trading volume also shrank slightly. The speculative capital for pressing goods in the early period has also gradually died down, and the buying mood of downstream antimony trioxide production enterprises is still depressed. On the other hand, the second antimony ingot shows that some of the low price resources have become the best choice for rigid demand and speculative capital hoarding, and the transaction situation is relatively good, but some of the low price resources in the middle of the week will gradually unify the quotation with the market price. Antimony ingot price center of gravity has not changed compared with last week, as of the weekend SMM antimony average price: 2 # high bismuth antimony ingot 37750 yuan / ton, 2 # low bismuth antimony ingot 38750 yuan / ton, 1 # antimony ingot 39250 yuan / ton, 0 # antimony ingot 40250 yuan / ton.

Antimony trioxide: this week and antimony ingot market performance is the same, antimony trioxide market price trend is temporarily stable, the transaction situation is still general. With the entry of the summer break, industry insiders expect shipments will continue to be light. By the end of the week, the average price of antimony trioxide in SMM is 99.5 per cent at 36000 yuan per ton and 99.8 per cent at 37500 yuan per ton. Antimony trioxide manufacturers in antimony ingot prices stable, but continue to wait and see downstream, under the influence of insipid purchasing desire, some up and down dilemma, can only choose to continue to wait and see.

Antimony market prices are expected to remain stable during the scorching period next week, but in the middle of the year, if large manufacturers have to end the high price due to financial problems and turn to shipment, it is likely to upset the current balance of the market.

In 2018, China's small metal market was deeply affected by factors such as regular supervision of environmental protection, poor activity, cautious investment speculators entering the market, and so on. Indium germanium rose and then fell, gallium and tellurium high and then stalemate, selenium rushed high and then fell back, antimony performance was flat. In 2019, the residual temperature of China's environmental protection policy is still there, and the trade cloud is still there. The space geometry of domestic small metal enterprises, the extent to which 5G commercial use will stimulate the downstream demand of all kinds of small metals, and where will the small metal market eventually go? Invite you to get together "2019 SMM small Metal Industry Summit", together to see the sun!

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