1、 Price trend
On May 31, the antimony commodity index was 50.29, unchanged from yesterday, down 50.85% from 102.32 (2012-10-16), the highest point in the cycle, and up 7.05% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).
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2、 Market analysis
This week, the demand for antimony products at home and abroad has not improved significantly. The price of antimony products has remained stable and dominated, and the transaction aspect has been slightly light. As of the 29th day, the domestic market had 2 × low bismuth antimony ingots of 34500 yuan / ton, 1 × antimony ingots of 35000 yuan / ton, 0 × antimony ingots of 36000 yuan / ton, and the average price of 2 × high bismuth antimony ingots of 33000 yuan / ton, which was the same as last week. The market price of antimony trioxide also keeps stable with that of antimony ingot. By the end of the week, the average price of SMM antimony trioxide was 99.5% at 32250 yuan / ton and 99.8% at 33750 yuan / ton, unchanged compared with last week.
According to the business association, in the current situation that the demand for antimony products has not been improved, and the market volume has been low, the price of antimony products in the later period does not exclude a small downward space.
PVA |
According to the monitoring of business agency data, the nonferrous index continued its rebound trend in April in May. As of the end of the month, the nonferrous index closed at 815 points, up 2.9% from 792 points at the beginning of the month, down 4.2% from the beginning of the year, down 3.07% year on year. Liu Meili, an analyst of nonferrous industry in business society, pointed out that compared with the rebound of 4.65% of nonferrous index in April, it was slightly worse in May, only rebounded by 2.9%, and the rebound speed slowed down. Affected by the epidemic situation, nonferrous index has been in a shock rebound trend since the end of March 19 this year, with a cumulative rebound of 11.79%, but it is still lower than the value at the beginning of the year, and it has not reached the same level of last year. With the arrival of the traditional off-season in June, the demand slows down, and the international market outlook is still unclear, which has put pressure on the non-ferrous market. It is expected that the non-ferrous market in June will be slightly weaker than that in May, and the main shock will be weak, which is still difficult to reach the level of the same period last year.
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