On January 30, the average price of domestic #1 antimony ingot was 163,000 yuan/ton, the average price of #0 antimony ingot was 165,000 yuan/ton, and the average price of 50% antimony concentrate was 141,000 yuan/ton, all remaining unchanged from the previous trading day. As the pre-Spring Festival stocking season approaches, downstream enterprises are likely to increase their stocking efforts to lock in costs. Coupled with the current low market inventory and suppliers holding firm on prices and reluctant to sell, the market price of antimony ingots is expected to gain further support and is likely to maintain a narrow-range fluctuation trend. PriceSeek's analysis of antimony, with a long-short score of 1, indicates that while the average prices of #1 antimony ingot, #0 antimony ingot, and 50% antimony concentrate remained unchanged from the previous trading day, the approaching pre-Spring Festival stocking season, increased stocking efforts by downstream enterprises to lock in costs, low market inventory, and suppliers' firm pricing and reluctance to sell will provide strong support for spot antimony prices. It is expected that antimony prices will maintain a narrow-range upward trend in the short term, which is generally favorable for the spot market.
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