In March 2022, the domestic 1# antimony ingot market continued to rise. The average price of the domestic market was 78750 yuan / ton at the beginning of the month and 83750 yuan / ton at the end of the month, with a monthly increase of 6.35%.

On March 28, the antimony commodity index was 116.59, unchanged from yesterday, hitting a record high in the cycle, up 148.17% from the lowest point of 46.98 on December 24, 2015. (Note: the period refers to the period from September 8, 2012 to now).

Investors can use the K-bar chart to reflect the price change of commodities every week, or the K-bar chart to reflect the price change of commodities every month. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall. It can be seen from the above figure that the antimony ingot Market has maintained a stable upward trend in the near future.

As a whole, the price of antimony ingots this month is the main player. It continues to rise at the beginning of the month and remains stable after rising at the end of the month. In the first ten days of this month, the market is affected by the conflict between Russia and Ukraine, and the market mentality tends to be tense. Driven by this mentality, the seller’s reluctance to sell is becoming stronger and stronger, and the market trading is more active, which further boosts the seller’s price mentality. In addition, at that time, some downstream demand was released, and some just needed to enter the site for purchase on demand. The overall transaction of the market is OK, but it is still based on demand. By the end of the month, the rising power of antimony ingots weakened, and the overall market was temporarily stable after rising. However, the market trading is still active. The mentality of some cargo holders has changed, focusing on active shipment. The mentality of replenishment in the downstream is weak, and there is no obvious demand release. With the rising price, the market speculation funds have weakened, and the downstream still maintains the rigid demand for procurement.

In terms of price, as of the 28th, the domestic market 2# antimony ingot was 80500 yuan / ton, 1# antimony ingot was 83000 yuan / ton, and 0# antimony ingot was 79000 yuan / ton.

The external price continued to rise this month, and the market supply is still tight. It is expected that the wait-and-see mood in the future market is still strong, and the price of antimony ingot is expected to be stable, medium and strong.