The decline is attributed to a sharp drop in antimony ore imports in August, which is expected to reduce production levels. SMM, which has been tracking antimony production since May 2022, surveyed 33 producers across eight provinces, covering over 99% of the industry's capacity. Market participants suggest the decline is a normal fluctuation, as reduced imports naturally lead to lower output. The data reflects SMM's analysis of publicly available market information, including customs data and industry reports, processed internally by the research team.
The report highlights the continued pullback in antimony production, with SMM noting that its assessments are based on a high coverage rate of the industry. The data is intended for reference and does not constitute investment advice. Users are advised to make independent decisions, as any losses from using the report is not the responsibility of SMM.
SMM's data processing relies on publicly available sources, including customs records and industry communications, to generate its assessments. The continued decline in production highlights the sensitivity of antimony output to external factors such as import volumes and market conditions.