Poor demand, antimony ingot prices continued to fall (November 11 to November 18)

From November 11, 2022 to November 18, 2022, the market price of antimony ingots in East China will be lowered. Last weekend, the price was 75250 yuan/ton, and this weekend, the price was 74750 yuan/ton, down 0.66%.

 

povidone Iodine

The K-bar chart of commodity prices reflects the weekly or monthly price changes in the form of a bar chart based on the concept of price trend K-line. Investors can buy, sell and invest according to the changes in the K-bar chart. Red means rising; Green means: down; The height of the K column indicates the range of rise and fall. It can be seen from the above figure that the antimony ingot market has been on the up trend in the near future around the Spring Festival. It entered a stable period after the middle of March, and entered a downward channel in the middle of April. The decline trend slowed down at the end of April. The trend was stable in May. The price entered an upward channel in June. After a short period of stability in July, it fell again. After August, the market was gradually stable, flat for seven consecutive weeks, and the price began to decline continuously at the end of October.

 

The price of strategic small metal antimony in Europe this week (unit: USD/t)

 

Variety./November 11./November 18./Up and down

European small metal antimony/10900./10900/-

The price of strategic small metal antimony in Europe remained stable temporarily this week, and it was at 10900 US dollars/ton on November 18, which was stable temporarily. This week, the foreign market stopped falling and stabilized. The market transaction was relatively cold, and the negotiation was limited.

 

The domestic antimony ingot market continued to decline this week, while the international price stopped falling and stabilized. The European price fell to US $10900/t in the early stage, and fell by US $800/t in the week, which affected the market mentality. This week, the domestic market was mainly affected by the decline of the international market in the early stage, and the fall was compensated. At present, the downstream flame retardants and other markets are not performing well, the demand for antimony oxide is not good, and the price is declining. Antimony oxide manufacturers suspend the purchase of antimony ingots, and the demand forces the price of raw materials to decline. In terms of supply and demand, the overall change in the near future is not big. Under the pattern of weak supply and demand, downstream enterprises still maintain on-demand procurement. In terms of supply, the output in October has not changed much since the domestic large factories resumed production in September. As the external antimony ingot price continues to decline slightly, market participants generally believe that the possibility of antimony ingot price declining is growing. The business community expects that the overall performance of the antimony ingot market will remain stable and weak under the condition that the downstream demand will not improve in the near future.

Azodicarbonamide (AC foaming Agent)

 

Price trend of antimony oxide this week (unit: yuan/ton)

 

Variety./November 4./November 11./Up and down

99.5% antimony trioxide/65500./65000./- 500

99.8% antimony trioxide/67500./67000./- 500

This week, the domestic antimony oxide market price was weak, the sales of antimony oxide was still weak, and the downstream market was short of gas. Recently, antimony oxide enterprises’ purchase of antimony ingots was still on demand, and the overall market atmosphere was wait-and-see.

http://www.lubonchem.com/

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