Market price correction of antimony ingots (may 17-may 21)

The market price of antimony ingots in East China fell from May 17 to May 21, 2021, with an initial week of 59000 yuan / ton, a weekend of 57500 yuan / ton, and a weekly decline of 2.54%.

Melamine

The antimony commodity index on May 22 was 80.05, which was flat with yesterday, down 21.77% from the highest point 102.32 (2012-10-16) in the cycle, up 70.39% from the lowest point of 46.98 on December 24, 2015( Note: the cycle refers to 2012-09-08 to date).

This week, the market price of antimony ingots continued to decline, downstream purchasing intention continued to be depressed, both supply and demand held a long time of standstill, the price of antimony ingots was high in the early stage, and there was a large space for negotiation. Under the long-term support of no transaction, the price began to loosen in late April, with some low price transactions. In May, with the withdrawal of environmental protection supervision group, enterprises in Hunan Province gradually resumed construction, and supply improved slightly compared with the earlier stage, and the price of antimony ingot decreased this week.

As of May 21, 2 antimony ingots of 53000 yuan / ton, 1 antimony ingot 57500 yuan / ton and 0 × sb ingot 58000 yuan / ton were reported in the domestic market.

At present, supply and demand of antimony ingot Market are weak, downstream maintenance is mainly on demand procurement, downstream cost pressure is relatively high, and it is expected that the price of antimony ingot in the future market will fluctuate mainly.

http://www.lubonchem.com/

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