On January 30, the average price of domestic #1 antimony ingot was 163,000 yuan per ton, #0 antimony ingot was 165,000 yuan per ton, and 50% antimony concentrate was 141,000 yuan per ton, remaining unchanged from the previous trading day. As the pre-Chinese New Year stocking season approaches, downstream enterprises are likely to increase their procurement efforts to lock in costs. Coupled with the current low market inventory and suppliers holding back goods to maintain prices, the market price of antimony ingots is expected to gain further support and is likely to maintain a narrow range of fluctuations.
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