Antimony ingot price rises by 4.94% in October 2020

In October 2020, the domestic market price of 1 ᦇ antimony ingot will be raised for three rounds. The average price of domestic market will be 40500 yuan / ton at the beginning of the month and 42500 yuan / ton at the end of the month, with an increase of 4.94%.

 

Gamma Polyglutamic Acid

On October 29, the antimony commodity index was 59.16, unchanged with yesterday, down 42.18% from 102.32 (2012-10-16), and 25.93% higher than 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

 

This month, antimony products continued the upward trend before the festival. The import of foreign ore end is still less, domestic raw materials are tight, and the price of ore end is high. The cost pressure of antimony products is relatively high. Domestic manufacturers mainly support the price. In addition, the environmental protection and production restriction in the surrounding areas of the main production areas have affected domestic production to a certain extent, and the supply of antimony ingots is slightly tense. Double positive blessing, antimony ingot market price went up. This month, after four rounds of increase, the cumulative increase of 2000 yuan / ton. As of 30 days, the average domestic market price of 2 ᦇ low bismuth antimony ingot is 41750 yuan / ton, 1 ᦇ antimony ingot is 42250 yuan / ton, 0 ᦇ antimony ingot is 43000 yuan / ton, and the average price of 2 ᦇ high bismuth antimony ingot is 40500 yuan / ton, which is 2000 yuan / ton higher than that of last month. The market price of antimony trioxide closely followed the rising trend of antimony ingot. As of the 30th, the average market price of antimony trioxide was 99.5% at 38000 yuan / ton and 99.8% at 39500 yuan / ton, an increase of 2000 yuan / ton compared with the same period of last month.

 

According to the price monitoring of the business agency, in October 2020, there were 13 kinds of commodities in the nonferrous metal plate with a month on month increase in the price list of bulk commodities in October 2020, including 3 commodities with an increase of more than 5%, accounting for 13.6% of the total number of commodities monitored in this plate; the top three commodities that increased were titanium concentrate (20.32%), nickel (5.84%) and silicon metal (5.72%). There were 9 kinds of commodities with a decline of more than 5%, accounting for 4.5% of the total number of commodities monitored in the plate; the top three products were praseodymium (- 8.89%), lead (- 4.77%) and cobalt (- 2.18%). This month, the average rise and fall was 1.19%.

 

The Business Association believes that under the current tight supply and demand and cost pressure, foreign price rise, antimony product manufacturers are reluctant to sell, worry about future market supply, and the improvement of downstream demand and other favorable factors, the future market price is expected to be stable and strong.

http://www.gammapolyglutamicacid.com

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