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SMM April 17: antimony market prices this week temporarily stable trend, but the domestic and foreign market demand expectations are still relatively pessimistic, domestic buyers are still in a wait-and-see state, antimony trioxide and antimony ingots and other antimony products still maintain a light trading state. The current move to speed up shipments on the supply side remains the same, but there has been no further stampede on prices, except that some sellers with high inventories and tight funds have more room to talk about. From the actual trading volume point of view, the market response to inquiry compared with the previous period is slightly more active, but the trading volume is still compared with the previous period there is no obvious change. Some grapevine news said that in the early stage, many large manufacturers reduced production and stopped production, and these manufacturers gradually began to resume production.
As of the end of the week, the average price of SMM antimony ingots is 35500 yuan / ton for low bismuth antimony ingots, 36000 yuan / ton for antimony ingots, 37000 yuan / ton for antimony ingots, and 33250 yuan / ton for high bismuth antimony ingots, which is unchanged from last week. Antimony oxide market prices fell on Wednesday as antimony ingots fell, and suppliers said shipments remained difficult. As of the end of the week, the average price of SMM antimony trioxide was 99.5 per cent at 33500 yuan / tonne and 99.8 per cent at 35000 yuan per tonne, unchanged from last week.
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The current market price has returned to the low position of 2019 again, and once again entered a temporary stable situation, this position still has a certain cost support, so that both supply and demand have entered a wait-and-see state. However, recent market reaction, the supply of raw materials from the original tight state began to ease, changes in the supply of raw materials may also have an impact on the price of antimony products in the near future. In addition, without the support of a large amount of actual consumption, antimony prices are expected to be difficult to forcibly support.