China's SMM Antimony Ingot Production Assessment Increased Around 22.5% MoM in August 2025 [SMM Data]

According to SMM's assessment, China's antimony ingot production (including antimony ingots, crude antimony conversion, antimony cathode, etc.) in August 2025 increased by approximately 22.5% MoM. In detail, among the 33 surveyed producers currently assessed by SMM, 13 remained idle, down by 4 MoM; 18 reported production cuts, up by 4 MoM; while 2 maintained normal output levels, unchanged from the previous month. Regarding antimony ingot output, after dropping below 4,000 mt in July, production rebounded to over 4,000 mt in August. Many market participants viewed this as a normal fluctuation, though the 4,000 mt level still falls significantly short of regular production capacity. Imported ore supplies continue to face constraints entering the domestic market in large volumes. Industry sources anticipate China's September 2025 antimony ingot production may show limited variation from August, potentially stabilizing or experiencing minor fluctuations.

Note: Since May 2022, SMM has been publishing its nationwide antimony ingot production assessment (including antimony ingots, crude antimony conversion, antimony cathode, etc.). Benefiting from SMM's high coverage rate in the antimony industry, the survey encompasses 33 producers across 8 provinces, with total sample capacity exceeding 20,000 mt and coverage rate surpassing 99%.

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