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SunSirs: The Price of Antimony Ingots in Stock before the Festival in December 2022 will Recover Slightly
December 29 2022 11:17:02()

In December 2022, the domestic 1 # antimony ingot market rose slightly. The average market price in East China was 73500 RMB/ton on the first day and 74750 RMB/ton on the 28th, up 1.7%.

Antimony ingot market had a recent upward trend before and after the Spring Festival. After entering the downward channel in April, the decline slowed down. The market recovered again in June, continued to decline slightly in July, fell slightly in August, remained stable in September, decreased slightly in October and November, and recovered slightly in December.

In terms of external market, the European strategic small metal antimony market rose slightly in December. In December, the price of small metal antimony continued to rise slightly, with a cumulative increase of 600 US dollars/ton, driving the domestic market atmosphere to warm up. Downstream purchases were made on demand, and there was a certain pre holiday stock plan.

In terms of the industrial chain, the antimony oxide market rose slightly this month. As the stock preparation before the festival brought about a wave of small market rebound, the overall sales situation of the antimony oxide market is still weak, the downstream market purchases on demand, the flame retardant market performance is general, and the overall market atmosphere is weak. The antimony oxide enterprises' purchase of antimony ingots is still on demand in the near future.

At the beginning of December, the antimony ingot market was temporarily stable in the early and middle years of the month, and the market mentality was weak. The downstream purchased on demand. Towards the end of the year, the market had a certain demand for goods preparation, and the market transaction situation was improved compared with the previous period, which also led to a narrow increase in market prices. However, the transportation situation around the country has been poor in recent years, and the pre holiday stock may end earlier, so this round of market may end earlier. As overseas prices continue to warm up, the domestic market has improved. In the future, the business community believed that the basic aspects of the antimony ingot market had not changed much, and most of the downstream demand released recently was brought by the pre holiday stock. It is expected that the overall performance of the antimony ingot market will remain stable and weak, and the price will fluctuate in a narrow range when the downstream demand will not improve in the near future

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