On Nov 20, the Antimony Commodity Index was 58.47, the same as that of Nov 19. Compared with the peak of 102.32 (Oct 16, 2012) in the cycle, it dropped 42.86%. While it was 24.46% higher than the lowest level of 46.98 (Dec 24, 2015). (Cycle: Sep 08, 2012 to date)

The main financial data of the nonferrous metal market: The U.S. dollar fell after a slight upward trend on November 20, with the index closing at 97.905, increasing 0.06%; the Federal Reserve cut interest rates at its October meeting and decided to suspend the easing cycle. Many members at the meeting thought that the downside risk of the economic outlook was very high, further highlighting in the reasons for the interest rate cut at this meeting. Most of the members at the meeting believed that after the interest rate cut of 25 basis points at this meeting, the policy position will be adjusted to a moderate state to support the economic prospect of moderate economic growth, strong employment market and inflation close to the 2% symmetric target of the Federal Reserve. At the end of the meeting, Fed chairman Powell hinted that the Fed was actually keeping interest rates unchanged and said it would not change this policy position unless there was a ‘substantial’ change in the US economic outlook. Crude oil: oil prices rose sharply, US oil rose 3.65% to $57.37 a barrel, setting a new high of the recent two days, the largest increase since January 1, as US crude oil inventory fell by the largest amount since recent months. Affected by these, metals in LME almost decreased, NID decreased nearly 2%, ZSD decreased nearly 1.5%, CAD and PBD decreased nearly 0.4%, AHD and SND increased nearly 0.4. Domestic metal market increased and decreased by half, NI decreased nearly 0.8%, ZN and SS decreased nearly 0.6%, RB and PB decreased nearly0.2%, CU increased slightly, SN increased nearly 0.4%, AL increased nearly 0.8%.

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