SMM Data: China’s Antimony Ingots Output In August And Forecast For September

Published: Sep 12, 2023 16:05

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SHANGHAI, Sep 12 (SMM) – According to SMM's research and statistics, the actual production of antimony ingots in China in August 2023 was 7,458 mt, with the overall production falling below 7,500 mt, representing a significant decrease of 7.22% MoM. Customs data shows a sharp decline in the import volume of other antimony ore and concentrates in July this year, reaching 2,803.56 mt, which is significantly lower compared to the 3,699.72 mt of the previous month. Many market participants believe that the supply of imported antimony raw materials may enter a relatively tight situation in the future. Meanwhile, the domestic antimony mining resources are currently facing limited availability due to restricted sales. SMM predicts that the national output of antimony ingots in September 2023 may experience a certain degree of reduction compared to August 2023, considering the scarcity of mining resources.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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