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%.
This report constitutes original and/or compiled works exclusively created by SMM Information & Technology Co., Ltd. (hereinafter referred to as "SMM"), which retains full copyright protection under the Copyright Law of the People's Republic of China and applicable international treaties. No content may be reproduced, modified, sold, transferred, displayed, translated, compiled, disseminated, or disclosed to third parties in any form without prior written authorization. Violators will face legal consequences including but not limited to contractual liability claims, restitution of unjust enrichment, and compensation for direct/indirect economic losses. All report contents—including yet not limited to information, articles, data, charts, images, audio, video, logos, advertisements, trademarks, trade names, domain names, and layout designs—are protected by the Copyright Law, Trademark Law, Anti-Unfair Competition Law of China and relevant international conventions governing copyrights, trademarks, domain rights, commercial data rights, and other intellectual property rights, exclusively owned or held by SMM and its affiliated rights holders. Unauthorized reproduction, modification, usage, sale, transfer, display, translation, compilation, dissemination, or third-party disclosure in any form is strictly prohibited. Otherwise, upon discovery, SMM will pursue legal action for infringement, including but not limited to demanding contractual liability for breach, restitution of unjust enrichment, and compensation for direct and indirect economic losses. *All data in this report is based on publicly available market information (including but not limited to industry news, seminars, exhibitions, corporate financial reports, brokerage reports, National Bureau of Statistics (NBS) data, customs import and export data, and various data published by major associations and institutions). It is processed internally by the SMM research team using SMM's internal database model, with reasonable inferences provided. The information in this report is for reference only, and users assume all risks. This report does not constitute direct investment advice, and clients should make decisions prudently, not using it to replace independent judgment. Any decisions made by clients are unrelated to SMM. Additionally, any losses or liabilities resulting from unauthorized or illegal use of the views in this report are not the responsibility of SMM. SMM reserves the right to modify and ultimately interpret the terms of this statement.
