The antimony ingot market in East China remained stable from April 8th to April 15th, 2024, with prices remaining stable at 91250 yuan/ton this week.
| Sodium selenite |
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 not fluctuated much recently.
This week’s European strategic small metal antimony price situation (unit: USD/ton)
Variety/ April 8th/ April 15th/ Rise and fall
European small metal antimony/ 12850./12950./+100
This week, the price of European strategic small metal antimony has slightly increased, reaching $12950/ton as of April 15th, with an increase of $100/ton.
This week, the antimony ingot market continued to maintain a temporary stable operation. From the perspective of supply, smelting enterprises are currently maintaining normal production. The supply of antimony ingots is relatively stable, but the mining end still maintains a tight pattern. As a result, smelters still have a strong mentality of price support, and the market supply is tight. In terms of demand, downstream industries such as antimony oxide have shown a relatively stable trend in recent times. Enterprises are replenishing their inventory according to demand and maintaining essential procurement. As the May Day holiday approaches, it is expected that there will be a wave of stocking demand in the downstream before the holiday. Driven by the rebound in European antimony ingot prices, market sentiment has slightly improved. In the future, Business Society believes that the demand for downstream holiday restocking will drive a brief rise in the market, and the market will maintain a stable, medium to strong trend in the near future. In the future, the focus will be on the consumption situation of the photovoltaic industry and the impact of environmental policies on the market.
This week, the antimony oxide market remained temporarily stable, while the spot market was weak. Downstream demand replenishment was maintained, and market prices were affected by the stability of the antimony ingot market, with most remaining temporarily stable.
| Sodium Molybdate |
Industry data:
On April 14th, the base metal index was 1269 points, unchanged from yesterday, a decrease of 21.47% from the highest point in the cycle of 1616 points (2022-03-09), and an increase of 97.66% from the lowest point of 642 points on November 24th, 2015. (Note: The cycle refers to 2011-12-01 present).
On April 14th, the non-ferrous index was 1186 points, unchanged from yesterday, a decrease of 22.89% from the highest point in the cycle of 1538 points (2021-10-18), and an increase of 95.39% 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 15th week of 2024 (4.8-4.12), there were a total of 11 commodities in the non-ferrous sector that showed a month on month increase in commodity prices. Among them, there were 2 commodities with an increase of more than 5%, accounting for 8% of the monitored commodities in this sector; The top three commodities with the highest increase were tin (5.64%), zinc (5.22%), and silver (4.32%). There are a total of 9 products with a month on month decline, and the top 3 products with the largest decline are dysprosium oxide (-1.96%), praseodymium metal (-1.89%), and praseodymium neodymium oxide (-1.28%). The average increase and decrease this week is 0.64%.
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