Price trend

On October 13, the average price of 1# antimony ingots in Hunan Province was 167,000 RMB/ton, and the average price of 0# antimony ingots was 170,000 RMB/ton, which was the same as the previous trading day.

On October 13, the average price of 50% antimony concentrate in Hunan was 143,000 RMB/ton, unchanged from the previous trading day.

Analysis review

The antimony ingot market had been weak since the holiday. Supply had been impacted by easing supply in Southeast Asia, resulting in an overall bearish outlook. On the demand side, downstream purchasing interest had been muted, and the market was generally driven by rigid demand, with low enthusiasm for raw material purchases and a lack of demand support. As of October 13th, trading sentiment in the antimony ingot spot market remained subdued.

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