From January 19 to January 26, 2024, the antimony ingot market in East China slightly increased, with prices this week at 90750 yuan/ton, up 1.97%.
| Benzalkonium chloride |
K-bar chart of commodity prices, using the concept of price trend K-line, reflects the weekly or monthly price fluctuations in the form of a bar chart. Investors can buy and sell based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-bar represents the range of fluctuations. From the above chart, it can be seen that the antimony ingot market has been continuously rising in recent times.
This week’s European strategic small metal antimony price situation (unit: USD/ton)
Variety/ January 19th/ January 26th/ Rise and fall
European small metal antimony/ 12450./12750./+300
This week, the price of European strategic small metal antimony has risen, reaching $12750/ton as of January 26th, up $300/ton. Currently, supply is tight and the market atmosphere is strong.
The antimony ingot market has been continuously rising since mid December, reaching 90750 yuan/ton this week, breaking through the 90000 yuan/ton mark. From the perspective of supply and demand, due to the increasing difficulty of importing antimony ore from overseas, the domestic supply at the mining end is still tight, and the reluctance of smelters to sell is further strengthened. The mentality of price support is strong, and as overseas prices continue to rise, the overall sentiment of the domestic spot market is also strong. In the future, Business Society predicts that antimony ingots will continue to maintain a slight upward trend in the short term and continue until the end of January. As antimony ingot manufacturers increase their production, this increase will gradually come to an end.
The price trend of antimony oxide this week (unit: yuan/ton)
| Sodium Molybdate |
Variety/ January 19th/ January 26th/ Rise and fall
99.5% antimony trioxide./77500./77500/-
99.8% antimony trioxide./79500./79500/-
The antimony oxide market is currently operating steadily this week. At present, the domestic spot market atmosphere is good, and overseas sales are showing positive performance. Antimony oxide enterprises have been actively inquiring recently, and the market supply is tight, resulting in a strong market atmosphere.
Related data:
On January 28th, the base metal index was 1183 points, unchanged from yesterday, a decrease of 26.79% from the highest point in the cycle of 1616 points (2022-03-09), and an increase of 84.27% from the lowest point of 642 points on November 24th, 2015. (Note: The cycle refers to 2011-12-01 present).
On January 28th, the non-ferrous index was 1104 points, unchanged from yesterday, a decrease of 28.22% from the highest point in the cycle of 1538 points (2021-10-18), and an increase of 81.88% from the lowest point of 607 points on November 24th, 2015. (Note: The cycle refers to 2011-12-01 present).
According to the price monitoring of Business Society, in the 4th week of 2024 (1.22-1.26), there were a total of 8 commodities in the non-ferrous sector that showed a month on month increase in commodity prices. The top 3 commodities with the highest increase were tin (3.95%), nickel (2.95%), and zinc (2.61%). There are a total of 7 products with a month on month decline, and the top 3 products with the largest decline are dysprosium oxide (-1.03%), lead (-0.79%), and praseodymium neodymium oxide (-0.62%). The average increase and decrease this week was 0.49%.
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