Monthly Antimony Market Report Jul 2022
2022-08-12 12:00:09 【Print】
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1. Market Highlights
Chinese antimony market saw downward prices amid fluctuation in July 2022 overall. Restricted by soft demand in the terminal market, the antimony products market in China witnessed limited deals and some suppliers accordingly made small concessions in prices to win orders, resulting in the downward price trend of antimony products. Specifically speaking, the domestic antimony concentrate market witnessed tight supply in July 2022 as domestic plants didn't have adequate antimony ore, the raw material, caused by the fact that some suppliers had to delay importing the raw material frequently; the supply of antimony ingot was insufficient in the domestic market, but prices declined slightly due to soft demand caused by the fact that consumers didn't build extra stocks; because of soft demand, prices of both polyester and chemical fiber moved downwards and the domestic antimony trioxide market accordingly saw prevailing wait-and-see attitude and inactive deals, which stimulated antimony trioxide prices to decline, especially against the backdrop that some suppliers made small concessions in prices to boost sales; ethylene glycol antimony suppliers also slight cut their prices to boost sales owing to soft demand from end users and insufficient operating rates of downstream consumers during the slack season. Meanwhile, the international antimony market ran slowly owing to the start of the summer break: export prices of antimony products declined slightly and export deals were limited; antimony ore supply was tight on the whole as a result of frequent delay of import activities.
Chinese antimony market saw downward prices amid fluctuation in July 2022 overall. Restricted by soft demand in the terminal market, the antimony products market in China witnessed limited deals and some suppliers accordingly made small concessions in prices to win orders, resulting in the downward price trend of antimony products. Specifically speaking, the domestic antimony concentrate market witnessed tight supply in July 2022 as domestic plants didn't have adequate antimony ore, the raw material, caused by the fact that some suppliers had to delay importing the raw material frequently; the supply of antimony ingot was insufficient in the domestic market, but prices declined slightly due to soft demand caused by the fact that consumers didn't build extra stocks; because of soft demand, prices of both polyester and chemical fiber moved downwards and the domestic antimony trioxide market accordingly saw prevailing wait-and-see attitude and inactive deals, which stimulated antimony trioxide prices to decline, especially against the backdrop that some suppliers made small concessions in prices to boost sales; ethylene glycol antimony suppliers also slight cut their prices to boost sales owing to soft demand from end users and insufficient operating rates of downstream consumers during the slack season. Meanwhile, the international antimony market ran slowly owing to the start of the summer break: export prices of antimony products declined slightly and export deals were limited; antimony ore supply was tight on the whole as a result of frequent delay of import activities.
