SMM

On November 21, SMM reported that customs data showed China's imports of other antimony ore and concentrates in October 2025 amounted to 3,134.77 mt. Imports increased significantly MoM from 1,657.3 mt in September, but fell back below the 3,000 mt mark. Market participants indicated that although antimony market prices have recently stabilized and begun to rise, the large price spread between domestic and overseas antimony products will continue to impact imports of antimony ore. The long-term trend of tight supply for imported antimony raw materials is expected to persist.