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

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.