Proposal to launch antimony 99.85% Sb min, in-whs China price assessment: pricing notice

Following China’s export controls on antimony and related items in August 2024, and the further tightening of controls, including a near-total ban on exports to the United States in December 2024, China’s antimony metal import and export volumes have significantly decreased. Antimony exports have essentially halted, and import prices no longer accurately reflect the actual market conditions in China. 

Meanwhile, prices in regions outside China have surged, breaking historical records and causing the two markets to gradually decouple. The new assessment of antimony 99.85% Sb min aims to reflect the highest liquidity of antimony ingot in China, providing a more accurate representation of the Chinese market and offering a genuine reference for other regions, thereby enhancing market transparency. The antimony MMTA standard grade II, ddp China price assessment will also continue in preparation for potential changes in import and export in the future. 

The proposed specifications are as follows:

Antimony 99.85% Sb min, in-whs China, yuan/tonne
Quality: Ingot. Sb 99.85% min, As 0.05% max, Pb 0.15% max, Bi 100ppm max, no other elements specified.
Quantity: 10 tonnes
Location: in-whs China
Timing: Spot
Unit: CNY/tonne
Payment terms: Cash, other payment terms normalized
Publication: Weekly, Friday 7pm Shanghai time

These prices will be a part of the Fastmarkets minor metals package.

The consultation period for this proposed launch starts from February 26 and will end on March 27. The launch will take place, subject to market feedback, on April 3.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Nico Zhang by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Nico Zhang, re: Antimony 99.85% Sb min, in-whs China.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.