From March 11 to March 18, 2024, the antimony ingot market in East China operated weakly, with prices dropping 0.55% to 91000 yuan/ton this week.
| 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 recent trend of the antimony ingot market is relatively weak.
This week’s European strategic small metal antimony price situation (unit: USD/ton)
Variety/ March 11th/ March 18th/ Rise and fall
European small metal antimony/ 12850./12850/-
This week, the price of European strategic small metal antimony has remained stable, with a price of $12850/ton as of March 18th, unchanged. Currently, the market is on the wait-and-see side.
Since the Spring Festival, the antimony ingot market has remained temporarily stable and stable, with a slight decline after January. In terms of supply, smelting enterprises generally resumed normal production after January, and the supply of antimony ingots remained basically unchanged compared to before the holiday. However, the mining side still maintains a tight pattern, which has affected the strong mentality of smelters to raise prices, and the market supply is slightly tight. In terms of demand, downstream industries such as antimony oxide have shown relatively stable trends in recent times. Some enterprises have plans to replenish their inventory after the holiday, but they still maintain their essential procurement. In the future, Business Society believes that the antimony ingot market is gradually returning to a normal trading atmosphere, and in the absence of significant changes in supply and demand, it will continue to maintain temporary stable operation in the near future.
The price trend of antimony oxide this week (unit: yuan/ton)
| Sodium Molybdate |
Variety/ March 11th/ March 18th/ Rise and fall
99.5% antimony trioxide/ 79500./79500/-
99.8% antimony trioxide/ 81500./81500/-
This week, the antimony oxide market remained temporarily stable, while the spot market remained weak after the Spring Festival. Downstream demand replenishment was maintained, and market prices were mainly affected by the stability of the antimony ingot market, with most remaining temporarily stable.
Industry data:
On March 17th, the base metal index was 1203 points, unchanged from yesterday, a decrease of 25.56% from the highest point in the cycle of 1616 points (2022-03-09), and an increase of 87.38% from the lowest point of 642 points on November 24th, 2015. (Note: The cycle refers to 2011-12-01 present).
On March 17th, the non-ferrous index was 1119 points, unchanged from yesterday, a decrease of 27.24% from the highest point in the cycle of 1538 points (2021-10-18), and an increase of 84.35% 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 11th week of 2024 (3.11-3.15), there were a total of 9 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 copper (3.86%), nickel (2.47%), and cobalt (2.25%). There are a total of 11 products with a month on month decline, and the top 3 products with the largest decline are metal praseodymium (-2.03%), neodymium oxide (-1.42%), and metal silicon (-1.41%). The average increase and decrease this week is 0.2%.
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