SMM

According to customs data, China's antimony trioxide exports in September 2025 amounted to 111.2 mt. On a monthly basis, exports fell sharply compared to the 198 mt exported in August. Many market participants noted that compared to the normal monthly export volume of over 1,000 mt in the past, current antimony trioxide exports have essentially dropped to zero. Regarding the fundamentals of the current antimony market, the recent decline in antimony prices is also related to the reduction in exports. The export volume of antimony trioxide in September was only around 100 mt, which was within expectations. This indicates that antimony export enterprises still lack enthusiasm for product exports. Market participants stated that, based on this, full-year antimony trioxide exports in 2025 are expected to be significantly lower than the previous year.