SMM October 18, 2019: this week's market prices continue to maintain the pace of upward, antimony market pricing measures are still firm, confidence. Under the leadership of large factories, the actions of manufacturers in various regions are still unified, and the quotation gradually rises after a certain deal is reached, and the inquiry remains positive under the influence of the price increase and the supply side to a certain extent. However, there are also a small number of regional manufacturers who react that the actual market trading volume this week is slightly lower than last week, because the rapid price increase may have hindered a lot of speculative demand. Overall, the price of antimony ingots has still improved significantly this week, and the pace of rise in antimony trioxide prices has kept pace.
In terms of raw materials, the prices of single antimony ore and gong antimony mine have also risen to a certain extent, and the intention of gradually raising the price of raw materials for sale is more obvious in mines with the increase in the price of antimony products. Many buyers said that the current cheap raw materials are not easy to buy.
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Prices in the antimony oxide market also accelerated on Wednesday under the influence of antimony ingots. As of the end of the week, the average price of SMM antimony trioxide was 99.5% in 36500 yuan / ton and 99.8% in 38500 yuan / ton. It is expected that under the influence of the current market initiative to promote the price, coupled with the influence of some manufacturers to stop production and reduce production and unify the sale, the confidence of the market will continue to be restored, and the price may continue for some time.