1、 Price trend
In April 2020, the domestic antimony ingot market fell at the end of the month, with the average price of 38125 yuan / ton at the beginning of the month and 37125 yuan / ton at the end of the month, down 2.62%.
On April 30, the antimony commodity index was 51.68, unchanged from yesterday, down 49.49% from 102.32 (2012-10-16), the highest point in the cycle, and up 10.00% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).
| PVA 2699 |
2、 Market analysis
Upstream and downstream: the price of antimony trioxide in this month is lower along with the price of antimony ingot. As of the 30th, 99.5% is 33500 yuan / ton, and 99.8% is 35000 yuan / ton.
Domestic market: this month, the antimony ingot Market remained basically stable, and the price was lowered only once in the middle of the month. Due to the influence of foreign conditions, the domestic and foreign market demand remained weak throughout April, and domestic buyers and sellers were still waiting. In terms of price, as of the 30th, the average price of 2 × low bismuth antimony ingots is RMB 35500 / T, 1 × antimony ingots is RMB 36000 / T, 0 × antimony ingots is RMB 37000 / T, and the average price of 2 × high bismuth antimony ingots is RMB 33000 / T.
| PVA |
Industry: according to the price monitoring of the business agency, there are 7 commodities in the price up and down list of bulk commodities in April 2020, including 7 commodities with an increase rate of more than 5%, accounting for 31.8% of the monitored commodities in the sector; the top 3 commodities with an increase rate are aluminum (11.16%), copper (8.73%) and nickel (8.40%). There are 14 commodities with a decline of more than 5% month on month, accounting for 4.5% of the monitored commodities in the sector; the top three products with a decline are silicon metal (- 5.10%), magnesium (- 4.61%) and cobalt (- 4.37%). This month, the average rise and fall was 0.93%.
3、 Future prospects
Overseas situation is still serious, and there is no sign of improvement in export in a short time. It is expected to wait and see in the short term.
| POLYVINYL ALCOHOL |