China's Antimony Oxide Exports Steady at 345.75 Tons in March, Trend Remains Weak

Antimony prices fell sharply last week. On the supply side, some companies faced mid-year sales performance pressure in June, forcing them to offload inventory and adding to market supply. On the demand side, end-use demand remained weak — flame retardant operating rates declined, photovoltaic glass demand contracted, and polyester operating rates slid — all of which left buying interest among downstream consumers feeble.

Antimony prices maintained a steep downward trend this week. Entering the first half of June, overall market trading activity remained sluggish. End buyers stayed largely on the sidelines, purchasing only to meet immediate demand with a cautious stance. Nevertheless, certain enterprises faced mounting mid-year sales pressure and ramped up shipments. Recent selling prices from suppliers, particularly for antimony oxide, saw substantial price concessions. Suppliers prioritized moving inventory, which drove a rapid slump in market prices.