1、 Price trend

In March 2020, the domestic antimony ingot market fell at the end of the month, with an average price of 42125 yuan / ton at the beginning of the month and 38125 yuan / ton at the end of the month, down 9.5%.

On March 30, the antimony commodity index was 53.07, unchanged from yesterday, down 48.13% from 102.32 (2012-10-16), the highest point in the cycle, and up 12.96% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

2、 Market analysis

Upstream and downstream: the price of antimony trioxide in this month is lower along with the price of antimony ingot. As of 31, 99.5% is 34500 yuan / ton, with a monthly drop of 2500 yuan / ton; 99.8% is 36000 yuan / ton, with a monthly drop of 3500 yuan / ton.

Domestic market: the antimony ingot market continues to decline this month. At the beginning of this month, due to the fact that the market in Hunan still hasn’t recovered. In the process of enterprises returning to work gradually, the manufacturers’ reluctance to sell was mainly affected by international events. The antimony ingot Market remained stable. After 10 days, the export of antimony products was dragged down. The domestic demand was suspended. The main domestic manufacturers had plans to reduce production. Under the double influence of demand and export, the price of antimony products fell, and the price side was determined As of the 31st, the average price of 2 × low bismuth antimony ingots was 36500 yuan / ton, 1 × antimony ingots 37000 yuan / ton, 0 × antimony ingots 38000 yuan / ton, and 2 × high bismuth antimony ingots 34000 yuan / ton, down 1500-2000 yuan / ton.

3、 Future prospects

In April, the domestic situation has been further controlled, and the market expectation for consumption in April is warmer, but the overseas market is still relatively serious, the market risk is dependent, the domestic falling resistance is still stronger than the external market, and the ratio of some products will continue to be repaired.