According to SMM's survey of major sodium antimonate manufacturers nationwide, the production of first-grade sodium antimonate in China in September 2024 significantly decreased by 14.78% compared to August. Looking at the changes in first-grade sodium antimonate production since Q2, after April, except for a noticeable rebound in June, other months continued to see a downward trend. The decline in August was mainly due to a sudden production halt by one manufacturer, while in September, many manufacturers experienced a certain degree of production decline.
Specifically, among the 11 surveyed by SMM, three manufacturers were in a shutdown or testing state in September, and most other sodium antimonate manufacturers primarily saw a decrease in production, with a few remaining stable, leading to an overall production decline. SMM expects that the probability of maintaining stable production of first-grade sodium antimonate in China in October is relatively high, but some market participants believe that production may continue to decline.
