According to SCI, the domestic market for No. 1 antimony ingots has been rising continuously since mid-April 2024. As of June 6th, the average price of No. 1 antimony ingots was 146,800 yuan/ton, and the cumulative increase in just two months has exceeded 60%, with the latest average price reaching a historical high. China securities co.,ltd. research reports pointed out that from the supply side, the shortage of antimony concentrate raw materials continues, and coupled with the impact of environmental protection inspection on smelting capacity in Hunan region, the production of domestic antimony ingots/antimony oxide continues to decline month on month. From the demand side, the cumulative year-on-year growth rate of domestic photovoltaic glass production from January to April was 55.9%, and the demand for photovoltaic glass continues to increase. The demand for flame retardants is expected to rise in the background of the recovery of the electronic cycle. With the resonance of supply and demand, the center of antimony price is expected to continue to rise.