SunSirs: Shanghai Antimony Index was 50.29

On July 7, the BPI of the commodity price index was 748 points, an increase of 1 point from July 6 and a decrease of 26.59% from the highest point in the cycle of 1,019 (2012-04-10), a decrease of 13.33% from the lowest point of 660 on February 03, 2016. (Note: Period refers to 2011-12-01 to present).

The antimony commodity index on July 7 was 50.29, flat with July 6, down 50.85% from 102.32 (2012-10-16), and 7.05% higher than 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

In late New York, the US dollar index closed 0.2% higher at 96.97; the offshore CNY fell 0.14% against the US dollar and USDCNH closed at 7.0229; Fed Vice Chairman Clarida: see some signs that the economy started to rebound in May and June; if it is necessary, the Fed can and will do more; if necessary, the Fed’s lending facilities will continue to be effective; the newly confirmed diagnosis of the US epidemic broke through 50,000 again overnight, and many regions announced that they would stop restarting the economy; the European Union's economic contraction rate was adjusted from 7.7% to 8.7%, of which the second quarter may contract by 13.5%; API crude oil inventories increased by 2.05 million barrels from the United States to July 3, expected to decrease by 3.4 million barrels, and the previous value decreased by 8.156 million barrels ; Crude oil market: crude oil (as of 3 a.m. Beijing time on July 8th) spot Brent closed at $43.545/barrel, up $0.12 from the previous trading day, or 0.28%. WTI closed at $40.7/barrel, down $0.03 from the previous trading day, or down 0.07%. Affected by this, most of the London metal market rose, London copper rose 0.86%, London aluminum flat, London zinc rose 0.73%, London nickel flat, London tin fell 0.7%, London lead rose 0.89%; Shanghai metal market was mixed, Shanghai copper rose 0.89%, Shanghai aluminum fell 0.85%, Shanghai zinc rose 0.03%, Shanghai lead rose 0.75%, Shanghai nickel fell 0.12%, Shanghai tin fell 0.24%, thread rose 1.49%, and stainless steel fell 0.52%.

The price of antimony products has been stable for a long time, foreign demand is not released, and domestic prices are temporarily stable. The market outlook is expected to maintain a steady trend, focusing on foreign demand.

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