Antimony Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Antimony in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Antimony Price Trend for the Second Half of 2023

Antimony's primary use lies in flame-retardant formulations for plastics, textiles, and electronics, enhancing fire resistance. In the field of semiconductors, antimony plays a crucial role as a dopant, which expands its usability in the automotive market. It's also used in lead-acid batteries as antimony improves their performance and longevity. Moreover, antimony compounds are catalysts in polyester resin production, and along with the above-mentioned factors, it drives its price trend.

Antimony Price Trends and Forecast

According to a year-end report, based on the consumption levels of antimony in the latter two quarters of 2023, the photovoltaic sector is poised to consume about 50,000 tonnes of antimony, constituting nearly one-third of global usage in 2024. Antimony trioxide serves as a pivotal flame retardant in plastics and textiles, with the flame-retardant sector comprising half of its overall consumption.

This statistic was based on the surge in demand from the PV industry in the third and fourth quarters of 2023, which strained antimony supply dynamics and resulted in a remarkable surge in its price trend. Chinese antimony metal prices surpassed those of other countries, fueled by heightened demand from China's dominant PV sector. Global antimony consumption in 2023 was estimated to be at 160,000 tonnes. China remained the primary global antimony producer, but the exceeding demand and expanding applications of the metal caused a scarcity of antimony in various parts of the world.

Analyst Insight

According to Procurement Resource, the price of Antimony is expected to shoot upwards as the imbalance of supply and demand is estimated to roll in favor of the antimony price trend.

Procurement Resource provides latest prices of Antimony. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Antimony is a silvery- bluish- white brittle, and flaky-looking solid metalloid. It occurs naturally as a sulfide mineral stibnite. It is non-reactive towards cold water and cold acids but dissolves in hot acids and aqua regia. It has applications in the manufacture of semiconductors and batteries and as a flame retardant.

Product Details

Report Features Details
Product Name Antimony
Industrial Uses Infrared detectors, diodes, lead hardening, Batteries, bullets and arms, flame retardant
Chemical Formula Sb
HS Number 81109000
CAS Number 7440-36-0
Synonyms Stibium (Latin name, hence the symbol Sb)
Molecular Weight 121.76 g/mol
Supplier Database Hunan Gold, Mandalay Resources, Huachang Antimony Industry, Hsikwangshan Twinkling Star, Guizhou dongfeng antimony, Hechi Nanfang Non-ferrous Metals Group, GeoProMining, China-Tin Group, Anhua Huayu Antimony Industry.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

In the production of antimony, Stibnite is firstly concentrated via grinding, milling, floatation and gravity separation of the ores, followed by volatilization, where Stibnite is oxidized, and the collected fumes are then reduced into the metal antimony.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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