Latest Update in the SMM Antimony Market

As of Thursday, December 5, SMM copper inventories in major regions across the country decreased by 12,900 mt compared to Monday, reaching 130,300 mt, and decreased by 7,200 mt compared to last Thursday.

In November 2024, the global aluminium industry continues demonstrating resilience and innovation amidst evolving market dynamics. The month has been marked by significant milestones, from groundbreaking advancements in sustainable production and recycling technologies to strategic investments reshaping supply chains.

The Aluminium Association of India (AAI) welcomes the Indian government's decision to impose anti-dumping duties on Chinese anodised aluminium frames used in solar components.

Three critical minerals - gallium, germanium, and antimony - have been banned from being exported to the United States by China in an escalation of trade tensions. The decision, unveiled on December 3, 2024, comes just a day after Washington imposed new restrictions targeting China’s semiconductor sector, signalling an intensifying rivalry between the world’s two largest economies.

In November, with the arrival of cold wave weather, north China experienced snowfall, bringing outdoor construction projects to a close, while projects in south China progressed as scheduled, with some rushing to meet deadlines.

On December 4, the most-traded lithium carbonate 2501 contract fell by 2.49%.

According to SMM data, various factors such as continuous mine shutdowns, declining raw ore grades, equipment failures, and heavy rain and floods have led to a significant YoY decline in overseas zinc mine production in H1.

On December 4, at the main forum of the IEMC 2024SMM (4th) Motor Annual Conference and Industry Chain Expo, hosted by the National Engineering Research Center for Precision Micro-Special Motors, SMM Information & Technology Co., Ltd., Ningbo Zhaobao Magnetics Co., Ltd., and Zhejiang Electric Drive Innovation Center, Ye Jianhua, GM of SMM Industry Research Department, shared the analysis of motor raw materials—copper and aluminum metal prices and market trends.