GuShiio.com ① The price of antimony products has risen sharply recently, and the increase in internal trading has accelerated significantly. According to business agency data, the price of antimony ingots in the Hunan market on March 3 was 162500 yuan/ton, up nearly 12.6% from 142000 yuan/ton in early February.
② CICC research pointed out that in the long run, the tight global antimony supply and demand pattern will continue, and the antimony price center is expected to move upwards.
Recently, the price of antimony products has risen sharply, and the intra-market increase has accelerated significantly. According to business agency data, the price of antimony ingots in the Hunan market on March 3 was 162500 yuan/ton, up nearly 12.6% from 142000 yuan/ton in early February.
Antimony is a strategic small metal with strong resource scarcity. It is called “industrial monosodium glutamate” and is widely used in industrial and military fields such as flame retardants, batteries and lead alloys, glass, ceramics, chemicals, catalysts, etc. CICC Research pointed out that in the long run, the tight global antimony supply and demand pattern will continue, and the antimony price center is expected to move upwards. Benefiting from the continued growth of new photovoltaic installed capacity and the improvement in the penetration rate of double glass modules, the amount of antimony used in photovoltaic glass is expected to continue to grow. The implementation of the old-for-new policy is expected to drive the growth of demand for electrical equipment, etc., thus driving the use of antimony in the field of flame retardants. Increase in amount. Against the background of rigid global antimony ore supply, it is estimated that the antimony supply and demand gap from 2024 to 2027 will be-0.9,-1.3,-1.1, and-14,000 tons respectively, accounting for-6%,-8%,-6% and-9% of demand. Supply and demand may continue to be tight, and the antimony price center is expected to move up.
According to the Cailian theme library, among the relevant listed companies:
Huayu miningThe domestic control amount of antimony resources is 198,900 metal tons, and the overseas investment project Ta Aluminum and Gold Industry controls the amount of antimony resources of 262,500 metal tons. Currently, the company’s control amount of resources reaches 461,400 metal tons.
Hunan goldIt has long been focusing on mining and deep processing of three metals: gold, antimony and tungsten. As of the end of 2023, the company holds 307,324 tons of antimony metal.
Related stocksHuayu mining+10.01%Hunan gold+5.30%
