First, the price trend
This week (11.11-11.15) domestic 1# antimony ingot prices are stable, the domestic market price is 42,000 yuan / ton.
On November 9th, the commodity index was 58.47, which was the same as yesterday. It was 42.86% lower than the highest point in the cycle of 102.32 points (2012-10-16), which was up 24.46% from the lowest point of 46.98 on December 24, 2015. (Note: The period refers to 2012-09-08 to date).
Second, the market analysis
Upstream and downstream: On Wednesday, the trend of bismuth oxide followed by bismuth ingots remained stable and the transaction was light. As of Friday, the average price of antimony trioxide was 99.5% at 37,000 yuan / ton, 99.8% at 39,250 yuan / ton.
Domestic market: This week, the ingot market was weakly consolidating, the market was limited in trading, the transaction was sluggish, and the downstream wait-and-see mood was strong. However, due to the influence of the market sentiment, most of them remained on the sidelines, with low purchasing intention and seasonal sluggishness. The price is as low as 4# low 鉍銻 ingot 41,000 yuan / ton, 1 # 銻 ingot 41,500 yuan / ton, 0 # 銻 ingot 42500 yuan / ton, 2 # 鉍銻 鉍銻 ingot price of 39,000 yuan / ton. Most large manufacturers are still more willing to pay more, most companies are firm in price, and some small manufacturers are loose, mainly to reduce financial pressure.
Non-ferrous industry: This week, the European and American data were less than expected, the US dollar index fluctuated at a high level, and the basic metals fell across the board after the bearish return.
Third, the outlook of the market outlook
Next week, US data is expected to be mild, and the US dollar is expected to fall at a high level. The domestic metal market will lead to the delivery of long-term stocks. The funds will be loose, and support the basic metal repair this week's sharp decline. Some fundamentals can be supported. Metal items are expected to find a rebound. It is expected that the spot market will be dominated by the market next week.
東莞杰夫 三氧化二銻