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/[weekly report on spot of SMM antimony] light trading price in antimony city is weak and stable (July 15-July 19, 2019)
[weekly report on spot of SMM antimony] light trading price in antimony city is weak and stable (July 15-July 19, 2019) 2019-07-22

---Reprinted from SMM,China


Antimony industry as a whole is still in a weak state of operation this week, antimony ore and antimony ingots upstream price stability, antimony oxide price slightly down.Demand side performance is basically close to expectations, terminal purchase on demand, speculative demand performance is rare.Export markets remain relatively weak.

Raw materials: the market changes little this week, the prices of various raw materials are relatively stable.Raw material inventory in the market, the current supply is relatively loose, but the shipper general enthusiasm for shipment.Buyers due to antimony market as a whole after the market has concerns, so buying cautious.

Antimony ingots: compared with last week, calm changes in the market is not big, although the market transaction activity is not high, but recently antimony ingots manufacturers shipping enthusiasm is also general, forced price willingness is obvious, the market also occasionally have low transaction, but these low transaction temporarily failed to shake the market price confidence.By the end of this week, the average price of SMM antimony was: 2# high bi antimony ingots 36,000 yuan/ton, 2# low bi antimony ingots 38,000 yuan/ton, 1# antimony ingots 38500 yuan/ton, 0# antimony ingots 39,500 yuan/ton.Antimony ingot prices in overseas markets continue to cut this week, adverse effects on the export orders, market participants said, because the price of gold to the good performance of six months, the gold antimony raw materials in early to become a darling, and with the production going on, although the purification of gold extra profits, but also bring to market a large number of antimony ingot production, so prices all the way down, and the manufacturers to be price is falling for a while, but it's hard to terminal consumer weakness instant digested the antimony ingot inventory, estimated prices it is difficult to improve.

Antimony trioxide: due to the recent performance of antimony ingots market is relatively stable, antimony ingots manufacturers support price is more resolute, affected by this, antimony trioxide market price also want to follow the current weak support price, but the current demand does not give support.Most importantly, the price of high-priced antimony trioxide products from some large benchmark manufacturers has also started to loosen, causing the overall price center of gravity of the market to move downward.As of the end of the week, the average price of SMM antimony trioxide was 99.5% at 34,500 yuan/ton and 99.8% at 35,750 yuan/ton.Stable prices for antimony ingots limit the scope of some purchases of antimony oxide manufacturers, but the consumer downturn has forced suppliers to face.



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