SunSirs: Weekly Report on Antimony (1 #) Market (5.5-5.12)
May 15 2023 10:06:00
On May 15th, the benchmark price of SunSirs antimony (1 #) was 81875.00 RMB/ton, a decrease of -0.30% compared to the beginning of this month (82125.00 RMB/ton).
Most of the antimony ingot market has remained temporarily stable in recent times, with little change in market supply and demand, resulting in poor demand. The supply side is slightly tight, and the situation of tight supply at the mining side has not significantly improved. However, this news has been basically digested by the market, making it difficult to trigger market trends. The overall performance of the demand side is still weak in the near future, and the purchase of antimony ingots remains in demand. Downstream manufacturers have some resistance towards raw material prices, especially antimony oxide, which has been experiencing poor sales performance and poor terminal demand, making it difficult for raw material prices to continue to rise. Overall, the antimony ingot market, which lacks demand support, is difficult to improve, and the market supply and demand remain in a weak balance, making it difficult to break in the near future. In the future market, there is currently a strong wait-and-see mentality, and actual transactions are slightly light. Due to a lack of demand support.
It is expected that the overall stability and weak operation in the future market will be the main focus.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2023-12-13 SunSirs: The Market Price of Antimony Concentrate in Hunan is Temporarily Stable
- 2023-10-23 SunSirs: On October 23rd, the Domestic Antimony Ingot Market Price Temporarily Stabilized
- 2023-08-30 SunSirs: On August 30th, the Domestic Antimony Ingot Market Price Temporarily Stabilized
- 2023-08-25 SunSirs: On August 25th, the Domestic Antimony Ingot Market Price Temporarily Stabilized
- 2023-08-08 SunSir: Supply and Demand Gamed, the Antimony Ingot Market Narrowly Fluctuated (July 28-August 4)
