From November 26 to December 2, 2021, the market price of antimony ingots in East China was temporarily stable. The price was 73000 yuan / ton last weekend and 73000 yuan / ton this weekend, flat.
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Price changes of European Strategic small metal antimony from November 12 to November 19, 2021 (unit: USD / ton)
The market, November 26, December 2, rose and fell
European small metal antimony, 12950., 12950., 0
The commodity price K-bar chart uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy, sell and invest according to the changes of K-bar chart. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall. As can be seen from the above figure, the antimony ingot Market has been dominated by consolidation since mid October. It has entered the downward channel since November. After falling for three consecutive weeks, it has now entered the consolidation period.
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The price of antimony ingots remained temporarily stable for two consecutive weeks, the low-cost supply in the early stage was basically sold out, and the downstream purchase intention was mainly on demand as always. The smelter has a strong attitude of supporting prices in the near future and has a strong mentality of resisting low-cost sources of goods. The market fell into the game again, the overall transaction was cold, and the downstream continued to maintain strong official website sentiment. The international price is temporarily stable. The price of antimony oxide follows the trend of antimony ingot for half a month, and the downstream demand is cold and stable. The market is in a weak balance between supply and demand.
The market supply is still tight, the wait-and-see mood in the future market is still strong, the overall price of antimony ingot is still high, and the future price is expected to be stable temporarily.
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