Shandong Humon Launches Public Tender for 20 Metric Tons of Antimony Oxychloride Today (SMM News)

Jilang Indium of Nandan County Successfully Auctions 1 Ton of Crude Indium

Jinlong Copper's Crude Selenium Bidding Successfully Concluded

Antimony is a critical element to be utilized in most sectors, but the green energy industry has especially put into perspective how significant it is. The metal finds most applications through flame-resistant products, lead-acid batteries, and now energy storage device production. Rapid development of the green energy technologies such as wind and solar energy, and expanded applications of electric vehicles (EVs), all directly contribute towards increased demand for antimony. The special features of antimony render it unavoidable for numerous purposes in green energy.

Minor metals, which are often lost amongst the bigger base metals such as copper and aluminum, are critical inputs into a number of industrial applications. This group is added with metals such as indium, gallium, germanium, and tantalum which are significant for technology and manufacturing. Indium, Gallium, Germanium, and Tantalum are metals essential for technologically advanced manufacturing processes.

The significance of metals in technology should not be underestimated. These metals may not be as well known as metals such as copper or aluminum. They are essential for various cutting-edge technology applications. From semiconductors to battery manufacturing processes minor metals like tantalum and indium play a role in enhancing the efficiency and dependability of gadgets. With the evolution of the tech sector the demand, for materials is increasing rapidly underscoring the importance of maintaining a reliable supply of these minor metals.

【SMM Analysis：SiMn Production Losses: Industry Meeting Calls for Self-Reduction】Although the price of manganese ore slightly decreased in July, it remains high, leading to elevated SiMn production costs. SiMn alloy producers are experiencing losses, and the entire industry is facing severe losses. Currently, SiMn producers have a weak willingness to sell, with many suspending quotations. Supply side, SiMn producers in south China, affected by production losses, have a strong willingness to reduce or halt production. However, the reduction in north China has not met expectations. Demand side, downstream steel mills, affected by high temperatures and other factors, have also shown some reduction or suspension in production, leading to low enthusiasm for purchasing SiMn. Overall, the SiMn market remains in a state of oversupply, and SiMn prices continue to weaken. To promote the healthy development of the manganese alloy market, alloy enterprises held a meeting. Due to the current nationwide monthly production of SiMn alloy still exceeding demand, resulting in social inventory backlog, the enterprises attending the Inner Mongolia meeting agreed to strengthen industry self-discipline to prevent "involution" vicious competition. Starting from August, they plan to autonomously reduce production to support the market price, expecting a 30% reduction based on the current production levels. Additionally, they aim for rational production and sales, firmly resisting malicious market shorting and unreasonable price suppression in alloy procurement, to jointly promote and maintain a long-term healthy market environment.

Antimony is a chemical element with the symbol Sb and atomic number 51. It is a lustrous gray metalloid, often found in nature combined with sulfur as stibnite (Sb2S3). A vital but lesser-known metal, Antimony has been utilized by human civilization for thousands of years. Its use dates back to ancient times when Antimony was used for cosmetics and medicines. Today, it has garnered significant industrial importance due to its unique properties.

Antimony price fluctuation is affected by multiple factors, environmental protection policy tightening to increase production costs, technological advances to broaden the field of application, and policy adjustments affecting the balance of supply and demand. Investors and industry chain participants need to pay close attention to market dynamics, to grasp the transparency of information.SMM website provides comprehensive and accurate market information and data services, to help users make accurate decisions. In the complex and volatile antimony market, maintaining keen insight and decision-making ability is the key to grasping market opportunities and meeting challenges

In January, the average monthly price of 9990 magnesium ingots in the main producing areas was 20,190 yuan per ton, down 1.2% month-on-month. Looking back at January: At the beginning of the month, bearish sentiment still prevailed in the magnesium market, with prices continuing their downward trend from the previous year, falling to 20,100 yuan per ton, once again approaching the cost margin, leading to an increase in the willingness of magnesium plants to support prices; In mid-Jan, pre-spring-festival stockpiling makes the market price went a bit higher; Now, domestic 9990 magnesium ingots prices reduced to around 20100 again.

SMM's Manganese Analysis of January Production and Feb forecast