According to SMM's assessment, the production of first-grade sodium pyroantimonate in China in June 2025 is expected to increase by approximately 13.23% MoM from the previous month. After experiencing volatile fluctuations for several consecutive months, production slipped again in May but rebounded in June, prompting many market participants to marvel at the market's ever-changing nature. However, many market participants consider this a normal phenomenon, as the installation rush in the PV sector from May to June, coupled with an increase in orders for glass factories ahead of the overseas summer break starting at the end of June, is a normal occurrence. The production increase of many producers in June is also related to receiving more orders, and it remains uncertain whether this trend will continue into July. Looking at the detailed data, among SMM's 13 survey respondents, 4 producers were in shutdown or commissioning status in June, while 4 sodium pyroantimonate producers experienced an increase in production, but 1 producer also saw a decline in production. As a result, the overall production of first-grade sodium pyroantimonate in China increased significantly in June. Market participants expect that the national production of sodium pyroantimonate in July is unlikely to continue increasing significantly compared to June, and it is more likely to remain stable or increase slightly.
Note: Since July 2023, SMM has been publishing its assessment of national sodium pyroantimonate production. Benefiting from SMM's high coverage rate of the antimony industry, SMM surveyed a total of 13 sodium pyroantimonate producers distributed across 6 provinces nationwide, with a total sample capacity exceeding 86,000 mt and a total capacity coverage rate as high as 99%.
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