Home / Metal News / Minor Metals / [SMM Antimony spot Weekly] the overall price weakness in the antimony market this week is still flat (2019.06.24 to 2019.06.28)
[SMM Antimony spot Weekly] the overall price weakness in the antimony market this week is still flat (2019.06.24 to 2019.06.28)
Jun 28,2019 17:08CST
The content below was translated by Tencent automatically for reference.

SMM, June 28, 2019:

At the beginning of this week, large manufacturers in some parts of the antimony industry continued to push up prices. But the demand side has been in a strong wait-and-see mood for nearly a month. Some manufacturers and suppliers began to appear sales price loosening, from the actual demand side purchase situation, the terminal small quantity purchase is the mainstream, and the speculative demand is light.

Raw materials: domestic single antimony mine and lead plant separated from the antimony oxide powder raw material price is still maintained near 30000 yuan / ton, the transaction situation is light, the price can be discussed.

Antimony ingots: due to the continued downturn in market trading activity, the price of high bismuth antimony ingots was first loosened this week, and suppliers in Guangxi and other regions reduced their quotations in exchange for trading volume. At one point, the price reduction aroused the buying sentiment of some sellers and exporters, but it has not yet been able to stimulate the speculative desire of the market, so the trading volume is also limited. Immediately 2 # low bismuth and 1 # antimony ingot suppliers will also expand the sales price space, the overall transaction price has dropped, as of the weekend SMM antimony average price: 2 # high bismuth antimony ingot 36500 yuan / ton, 2 # low bismuth antimony ingot 38500 yuan / ton, 1 # antimony ingot 39000 yuan / ton, 0 # antimony ingot 40250 yuan / ton.

Antimony trioxide: affected by the weak demand downstream, the market price of antimony trioxide weakened as a whole, the transaction was not good at the beginning of the week, and some suppliers increased their shipping efforts by reducing the sales price. By the end of the week, the average price of antimony trioxide in SMM is 99.5 per cent at 35500 yuan per ton and 99.8 per cent at 36750 yuan per ton. After the price reduction, according to the business reaction antimony trioxide transaction slightly improved, but the current supply and demand situation has not changed.

"View the historical price of exclusive antimony in SMM

It is expected that next week antimony market prices will gradually tend to continue to weaken, downstream demand improvement is likely to be small.

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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SMM antimony spot weekly report
price forecast

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