According to SMM survey, China’s antimony ingot output (including antimony ingot, converted crude antimony, antimony cathode, etc.) in May fell by 2.37% MoM to 7,085.8 mt. Customs data shows that from January to April this year, the import volume of other antimony ores and their concentrates reached 14,923.21 mt, almost double the 7,544.69 mt in the same period last year.
Many market players said that the supply of antimony raw material resources may be gradually loosened in the future. With the continuous inflows of imported ore into the market, the supply of domestic ore may also increase significantly. This is also reflected in the recent stable output of antimony products in the market.
In May, many manufacturers increased production, returned to normal production or resumed production.
There were also some manufacturers that cut output. Therefore, the output of antimony ingot in May decreased slightly. Among the 33 respondents in SMM survey, 8 manufacturers suspended the production, 5 fewer than the previous month; 16 reduced their production, 7 more than in April; and 9 maintained normal production, 2 fewer than in April. SMM predicts that the domestic antimony ingot output in June is likely to grow as some plants resumed or increased production.
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