[SMM Antimony spot Weekly] Antimony Price trend overall stable demand performance is still poor (2020.4.27-2020.4.30)

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SMM April 30: near May Day short holiday, antimony market prices this week as a whole stable, domestic and foreign market demand is still light, domestic buyers and sellers are still in a wait-and-see state. According to the overall reflection of market participants, the demand side of downstream inquiry compared with last week slightly increased, but the actual trading volume is still not large. According to the performance of the buyer, as the price of antimony products has remained stable for nearly a month, the buyer began to have a rising mood, and even a lot of unconfirmed gossip came out on the market that many manufacturers began to raise prices and sales. These news also spread like wildfire and became the topic of market exchanges. However, in terms of the actual market transaction prices, compared with the previous period, the change is not great, but because the current operating rate of many large manufacturers is still low, coupled with the original suppliers of some low-price resources also began to cherish the selling mood, so it is not ruled out that on the basis of stable prices, there will be some high-priced resources.

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As of the end of the week, the average price of SMM antimony ingots was 35500 yuan / ton for low bismuth antimony ingots, 36000 yuan / ton for antimony ingots, 37000 yuan / ton for antimony ingots, and 33000 yuan / ton for high bismuth antimony ingots, which remained unchanged compared with last week. The market price of antimony oxide remained stable on Wednesday, with suppliers saying domestic shipments remained flat due to the proximity of short holiday, and exports showed no sign of improving because of the still severe epidemic overseas. 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. Entering the May Day holiday next week, it is worth paying more attention to the changes in the market after the antimony price festival.