Antimony market sees first fully flat week after a sharp decline, with all major products maintaining stable prices. Supply easing from increased ore arrivals and reduced smelter output has balanced selling pressure, while demand remains weak, keeping prices from rebounding. The stabilization suggests a temporary equilibrium but no clear upside momentum.
China's antimony oxide exports jumped sharply in September, rising significantly from the prior month and year, driven by a rebound in overseas restocking aligned with export licensing. The increase diverted surplus supply from the domestic market, providing mild price support, though the overall export trend for the quarter remained below earlier levels.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Antimony | China | FOB | USD 14,142.10/MT | August 2026 |
| Antimony | India | CIF | USD 14,232.89/MT | August 2026 |
| Antimony | USA | CIF | USD 14,297.72/MT | August 2026 |
| Antimony | Brazil | CIF | USD 14,284.53/MT | August 2026 |
| Antimony | Canada | CIF | USD 14,308.10/MT | August 2026 |
| Antimony | China | FOB | USD 14,963.62/MT | July 2026 |
| Antimony | India | CIF | USD 15,070.43/MT | July 2026 |
| Antimony | USA | CIF | USD 15,151.11/MT | July 2026 |
| Antimony | Brazil | CIF | USD 15,097.25/MT | July 2026 |
| Antimony | Canada | CIF | USD 15,160.62/MT | July 2026 |
Stay updated with the latest Antimony prices, historical data, and tailored regional analysis
Asia
In China, the average price of Antimony fell from ~USD 14,963.62/MT (FOB) in July to ~USD 14,142.10/MT in August, a decline of ~5.5%. India eased about 5.6%, from ~USD 15,070.43/MT (CIF) to ~USD 14,232.89/MT. Chinese prices weakened in July after ore imports surged 202.39% in January to May, raising raw material availability, while photovoltaic glass demand stayed soft in its off-season. Strict export controls also kept product at home. The market bottomed in mid-August, as loss-making smelters held prices firm and limited sales. Ore imports then fell about 49.5% in July, cutting ingot output in August and tightening supply, while pre-season restocking lifted prices from late August into mid-September. Indian import values followed the weaker Chinese trend.
Europe
European antimony prices stayed weak through the quarter and remained far below 2025 levels. Spot metal in Rotterdam traded at the lower end of the market in early August, reflecting limited buying interest. China’s export controls restricted direct supply, but softer global demand kept European values under pressure, while Zimbabwe’s new ban on antimony ore exports added to longer-term supply concerns.
North America
In the USA, average antimony import prices declined from nearly USD 15,151.11/MT (CIF) in July to roughly USD 14,297.72/MT in August, down ~5.6%. Canada recorded a similar fall of about 5.6%, from ~USD 15,160.62/MT (CIF) to ~USD 14,308.10/MT. A US producer reported that realised prices roughly halved from a year earlier as worldwide prices fell, even as sales volumes rose 26%. Domestic producers are also expanding ore processing in Montana and Mexico, which may gradually reduce import reliance.
Analyst Insight
According to Procurement Resource, antimony prices are expected to steady at current levels as tight ore supply and seasonal demand support the market, though weak global consumption could limit a stronger rebound.
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Asia
Antimony prices in China declined to ~RMB 163.22/kg and ~RMB 155.34/kg, respectively, in the first two months of Q2’26, showing a ~4.8% decrease during the said period. The market remained under pressure as weak demand from flame-retardant and photovoltaic glass producers outweighed restricted mine supply and smelter production cuts. Domestic antimony output declined as mines faced environmental inspections, safety controls and operational restrictions, while smelters reduced production due to weak margins. However, higher ore imports improved raw material availability, as increased inflows of antimony ores and concentrates into China supported smelter operations during the quarter. Antimony oxide exports also weakened in the second half of the quarter, reflecting lower overseas purchasing activity.
Europe
Antimony prices in Europe remained under pressure as supply concerns from reduced Chinese exports were balanced by weak downstream demand. Lower Chinese antimony oxide shipments increased supply uncertainty for European flame-retardant producers, but cautious buying limited market support. Chemical industry weakness affected consumption, with lower production activity and reduced trade flows limiting demand for antimony-based additives. Automotive demand provided some support through increased vehicle registrations, supporting applications in electronic components, flame-retardant plastics and battery-related materials. However, broader industrial and consumer-goods demand remained weak, restricting stronger price movement.
North America
Antimony prices in the United States declined to ~USD 23,993.54/MT in April and ~USD 23,077.79/MT in May, showing a ~3.8% decrease. The market remained supported by supply concerns and strategic demand, but weaker global demand limited further gains. Meanwhile, United States Antimony Corporation restarted mining operations at Stibnite Hill in Montana and began commissioning its Thompson Falls smelter during Q2, improving the supply conditions domestically. Defence demand provided additional support through a U.S. government order for antimony metal ingots. Solar installations and continued demand for flame-retardant materials also supported consumption, although cautious downstream purchasing limited market strength.
Analyst Insight
According to Procurement Resource, Near-term antimony prices are expected to remain influenced by supply security concerns, export availability and defence-related demand, while weak industrial consumption may restrict significant increases.
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.
Sb
Infrared detectors, diodes, lead hardening, Batteries, bullets and arms, flame retardant
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.
Stibium (Latin name, hence the symbol Sb)
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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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.
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