Antimony ingot market continued to maintain temporary stable (March 3 to March 10)

From March 3 to March 10, 2023, the market price of antimony ingots in East China was temporarily stable, with the price of 86750 yuan/ton at the end of last week and 86750 yuan/ton at the end of this week, which was flat.

 

EDTA

The commodity price K-bar chart uses the concept of price trend K-line to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investments according to the changes in the K-bar chart. Red indicates: rising; Green means: down; The height of the K column indicates the range of rise and fall. It can be seen from the above figure that the recent upward trend of antimony ingot market before and after the Spring Festival, entered a stable period after the middle of March, entered a downward channel in the middle of April, the decline slowed down at the end of April, the trend was stable in May, the price entered an upward channel in June, and then went down again after a brief stable period in July. After August, the market stabilized step by step, and remained flat for eight consecutive weeks. At the end of October, the price began to decline continuously, and after December, the price continued to recover.

 

European strategic small metal antimony price this week (unit: USD/ton)

 

Variety/ March 3/ March 10/ Up and down

European small metal antimony/ 12700./12600./-100

This week, the price of European strategic small metal antimony was slightly reduced near the weekend, to 12600 US dollars/ton on March 10, and to 100 US dollars/ton on Friday. The market atmosphere was somewhat wait-and-see during the week.

 

This week, the market price of antimony ingots remained stable, the market transaction was still weak, and the negotiation was slightly cold. Convenience of supply and demand has not changed much this week. Supply is still slightly tight and demand is weak. The smelter still has a strong attitude of price fixing, the market traders’ quotations are stable, and the downstream maintains just in need of procurement. This week, the price of small metals in Europe slightly corrected, and the market is also in a wait-and-see mood, waiting for the further trend of the market. In the future, the price of antimony ingots will remain stable for the time being.

 

Melamine

Antimony oxide price trend this week (unit: yuan/ton)

 

Variety/ March 3/ March 10/ Up and down

99.5% antimony trioxide./75500./75500./0

99.8% antimony trioxide./77000./77000./0

This week, the antimony oxide market continued to maintain a temporary stable operation, the market started relatively smoothly, and the overall operation remained temporarily stable, with slightly light trading volume.

 

The non-ferrous index stood at 1141 points on March 9, down 2 points from yesterday, down 25.81% from the cycle’s highest point of 1538 points (2021-10-18), and up 87.97% from the lowest point of 607 points on November 24, 2015. (Note: the period refers to 2011-12-01 to now).

http://www.lubonchem.com/

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