SMM

According to customs data, China's antimony trioxide exports in November 2025 amounted to 302 tons, representing a significant month-on-month increase compared to the 108 tons exported in October. Although the current volume remains relatively low compared to normal export levels, many market participants noted that November’s exports showed a clear improvement relative to the past few months, which typically saw exports of around a few hundred tons. This also indicates a strengthening willingness to export within the industry chain. Although it is expected that the total antimony trioxide exports for the year will be significantly lower than last year on a year-on-year basis, if overall antimony trioxide exports begin to recover, it could positively impact market confidence in antimony prices for December and even the coming year.