SHANGHAI, Oct 12 (SMM) –
According to SMM’s survey of major sodium antimonate producers, China's sodium antimonate output in September was 4,260 mt, up 12.7% from 3,780 mt in August. Among the 10 survey targets of SMM, there was shutdown of one producer, a mild drop in output of three and normal production of the rest. The output of four producers edged higher, of which, one resumed production from a technical upgrade, explaining for a steep sodium antimonate production increase in September. There was a spike in antimony prices. Difficulty in purchasing raw materials remained. Despite this, more replenishing demand was reported, and expected demand after the National Day holiday will probably occur. However, robust demand from PV sector gave a boost to sodium antimonate production. And some manufacturers said that finished product inventories hiked. Antimony market may keep firming up in October, and terminal buyers will continue to be optimistic about the outlook for antimony products in a short term. In addition, PV glass production will be stable. Under such circumstance, SMM predicted that Chinese sodium antimonate production in October is unlikely to diminish, and may stand stable if there is no restart.
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