From May 26 to June 2, 2023, the antimony ingot market in East China remained stable for the time being. Last weekend, the price was at 82625 yuan/ton, and this weekend, the price was at 82625 yuan/ton, unchanged.

The K-bar chart of commodity prices uses the concept of a price trend K-line to reflect weekly or monthly price fluctuations in the form of a bar chart. Investors can buy and sell investments based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-bar represents the range of fluctuations. From the above chart, it can be seen that the antimony ingot market has recently shown an upward trend before and after the Spring Festival. It entered a stable period after mid March, entered a downward channel in mid April, and the decline slowed down at the end of April. The trend remained stable in May, and prices entered an upward channel in June. After a brief period of stability in July, the market continued to decline again. After August, the market gradually stabilized and remained stable for 8 consecutive weeks. At the end of October, prices began to decline continuously, and after December, prices continued to recover, After three consecutive weeks of downward adjustments in mid to late March, the market remained stable for the time being.

This week, the price of European strategic small metal antimony has temporarily stabilized, with a price of $120050/ton as of June 2nd. Currently, the overall market atmosphere is on the wait-and-see side.

The antimony ingot market price was stable this week, and the supply side enterprises started to operate with little change. The overall operation was stable, and the manufacturers still maintained the attitude of being reluctant to sell and maintaining high prices. In terms of demand, there is still no significant improvement in terminal demand, and the antimony oxide market is operating weakly. Sales performance is still poor, and market trading is cold. Overall, although antimony ingot manufacturers are firmly supporting prices, the market transaction performance is not good, which is not conducive to enterprises withdrawing funds. However, downstream demand market expectations are difficult to improve, and the market performance is relatively weak under low demand. In the future, the business society predicts that the antimony ingot market will mainly operate in a stable and weak manner.

This week, the antimony oxide market has temporarily stabilized operation, with downstream construction generally stable. The demand for antimony ingots remains strong, while the intention to receive goods from upstream is weak, with most of them maintaining on-demand procurement.