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Antimony Market Weekly Review|#0301-0305#

Release date:2021/3/7 10:51:33

Antimony: The price of antimony continues to rise, and the manufacturer's quotation is valid on the day


The antimony market continued the hot market last week and continued to rise rapidly. Under the epidemic situation, the general environment has not improved, the “raw material shortage” of smelting enterprises has not been slowed down, and the supply of overseas antimony ore remains in short supply. Only the antimony mine under the leading antimony industry in China has resumed mining, but the mining progress is slow; the mining area owned by the other leading enterprise has not been officially reapproved due to the current mining license, and the mining of the two mining areas in the north and the south has not been able to start. More than a year and a half have passed since the mine shutdown day. Private enterprises will face short-term suspension of work due to the upcoming inspection by the environmental protection team. In the short term, the domestic antimony market will still face a shortage of raw materials.


Under this circumstance, the domestic prices of antimony ingot and antimony oxide continued to soar this week, and some companies in the market issued a statement stating that their quotations are only valid on the day. Buyers are actively making inquiries and receiving goods this week; suppliers are selling quantitatively, mainly supplying old customers and long-term customers, and most trading companies stay on the sidelines when their own inventory is limited. So far, the average price of SMM antimony: 2# low bismuth antimony ingot 67,500 yuan/ton, 1# antimony ingot 69,000 yuan/ton, 0# antimony ingot 70,000 yuan/ton, 2# high bismuth antimony ingot average price is 63,500 yuan/ton. Compared with last week, the price has risen again by about 10,000 yuan/ton. As for the market price of antimony oxide this Wednesday, the average price of SMM antimony trioxide so far is 99.5% at 63,500 yuan/ton, and 99.8% at 64,500 yuan/ton, an increase of about 9,500 yuan/ton compared to last week. It is expected that market prices will continue to rise next week, and the rate of increase may decrease.


Market forecast for next week: 75% probability of rising, 25% probability of stable, and 0% probability of falling.




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