Latest Update in the SMM Antimony Market

SMM reported on April 17 that from April 10-17, 2025, the total stainless steel inventory in the Wuxi and Foshan markets decreased from 1.0022 million mt to 999,400 mt, down 0.28% WoW. The destocking was mainly due to the digestion of bearish sentiment caused by the tariff event, and the downstream purchase enthusiasm rebounded.

With Gasgoo Daily, we will offer daily important automotive news in China.

【SMM Analysis: Weekly Update on the LFP Material Market】SMM reported on April 17 that the price of LFP remained largely unchanged this week. On the raw material side, the price of lithium carbonate was basically stable this week. Additionally, the processing fee saw no significant changes this week. On the supply side, material manufacturers maintained stable production this week, with the operating rate similar to that of March. Recent market interactions revealed no significant demand growth expectations for April and May. On the demand side, downstream battery cell manufacturers' demand remained stable, showing a slight increase compared to March, but the growth was relatively small. Regarding price settlements, starting from April, material manufacturers and battery cell manufacturers will renegotiate the processing fee for Q2.