In July 2021, the domestic 1# antimony ingot Market fluctuated upward. The average price of the domestic market was 55000 yuan / ton at the beginning of the month and 63000 yuan / ton at the end of the month, with a monthly increase of 14.55%.
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On July 27, the antimony commodity index was 83.53, the same as yesterday, down 18.36% from the highest point of 102.32 in the cycle (October 16, 2012), and up 77.80% from the lowest point of 46.98 on December 24, 2015（ Note: the period refers to the period from September 8, 2012 to now).
In early July, the price of antimony ingots began to fluctuate upward. Although the price rose in the first half of the month, the overall range was limited. Affected by the low intention of downstream receiving goods, the overall market transaction was limited, the ex factory price was strong, and the game mentality of both sides was strong. In the second half of the month, it is reported that the import of antimony ore will be limited in the next half of the year, and the duration may be up to the end of 21. Driven by the tight expectation of raw materials, enterprises’ intention to raise prices is rising. In order to cope with the shortage of raw materials, domestic manufacturers began to raise the ex factory price of antimony ingots, so as to alleviate the problem of insufficient domestic supply.
In terms of price, as of the 28th, the domestic market price of 2# antimony ingot was 62500 yuan / ton, 1# antimony ingot was 65500 yuan / ton and 0# antimony ingot was 66500 yuan / ton, up about 8000 yuan / ton compared with the same period last month.
The business agency believes that the sharp rise in the price of antimony ingots in July is mainly due to the shortage of raw materials, which is similar to the sharp rise at the beginning of the year. At present, the market inquiry is more enthusiastic than that in the early stage, which enhances the manufacturers’ confidence in supporting the price. It is expected that the price of antimony ingot will still have upward space in the short term.
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