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SunSirs: Antimony Ingot Prices Continued to Rise (24 Feb to 3 Mar)
March 04 2022 09:24:46SunSirs(John)

Price trend

From February 24 to March 3, 2022, the market price of antimony ingot in East China increased. The price last weekend was 777,500 RMB/ton, and this weekend's price was 80,000 RMB/ton, a weekly increase of 3.23%.

Analysis review

This week, domestic antimony ingot prices continued the trend of last week and continued to rise. At present, most enterprises have started normal operations, and enterprises have basically returned to normal. The downstream construction was OK, and some purchasing demands made the market transaction more active, and the market price was mainly upward.

The seller's reluctance to sell has been strengthened recently, the market transaction was relatively active, the market price was higher, and a small amount of downstream replenishment transactions were completed. The overall market transaction was still light, and it is still based on demand.

Market outlook

It is expected that the market price will continue to remain stable, with a strong trend as the main trend, and the market outlook will focus on the resumption of production of related companies.

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