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SunSirs: Antimony Commodity Index 53.42 points

September 04 2020 08:13:40      (Linda)

On September 2, the BPI of the Commodity Price Index was 776 points, an increase of 2 points from September 1, and a decrease of 23.85% from the highest point in the cycle at 1,019 points (2012-04-10), and the lowest from February 03, 2016 660 points increased by 17.58%. (Note: Period refers to 2011-12-01 till now).

The antimony commodity index on September 2 was 53.42, which was the same as on September 1. It was 47.79% lower than the cycle high of 102.32 points (2012-10-16) and 13.71 higher than the lowest point of 46.98 points on December 24, 2015. %. (Note: Period refers to 2012-09-08 to present).

In late New York trading, the U.S. dollar index rose 0.16% to 92.3231; the offshore renminbi rose 110 basis points to 6.8369 against the U.S. dollar; ADP employment in the United States increased by 428,000 in August, the third largest increase on record, but it is still not as fast The market expects 950,000 people; the U.S. Department of Labor’s forecast shows that from 2019 to 2029, the growth rate of U.S. employment will be significantly slower than that from 2009 to 2019. At the same time, the average annual growth rate of real gross domestic product (GDP) will also increase. Slow; Crude Oil Market: Yesterday's crude oil (as of 3 a.m. Beijing time on September 3) spot Brent closed at $43.035/barrel, down $1.27 or 2.87% from the previous trading day. WTI closed at $41.85/barrel, down $1.23 from the previous trading day, or 2.86%. The prices of metals in the external disk were mixed. Nickel rose 1.1%, tin rose 1%, copper rose 0.07%, zinc fell 1.2%, aluminum fell 1.5%, lead fell 1.97%, and the domestic futures market fell more and less. Shanghai aluminum fell 0.9%, Shanghai lead fell 0.8%, Shanghai zinc fell 0.7%, Shanghai copper fell 0.6%, Shanghai nickel rose 0.3%, and Shanghai tin rose 0.8%.

Since the end of July and mid-August two waves of rising prices, the antimony market has entered a period of high consolidation. Manufacturers still have a strong attitude to price, and downstream purchases on demand, recent transactions have been average.

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