For the Quarter Ending December 2025
North America
• In the USA, the Antimony Trioxide Price Index fell by 10.12% quarter-over-quarter, because demand weakened.
• The average Antimony Trioxide price for the quarter was approximately USD 58338.67/MT, reflecting warehouse totals.
• Merchants trimmed Antimony Trioxide Spot Price offers to clear comfortable warehouse inventories before year-end closures.
• Antimony Trioxide Demand Outlook deteriorated as flame-retardant compounders delayed purchases amid softer construction and electronics.
• Supply increases from China and Belgium pressured the Antimony Trioxide Price Index, narrowing delivered premia.
• Antimony Trioxide Production Cost Trend eased as feedstock metal offers softened, lowering furnace replacement expenses.
• Antimony Trioxide Price Forecast signals seasonal restocking and policy impacts, with import flows shaping availability.
• Domestic project progress and stockpile talks support longterm security despite Antimony Trioxide Price Index weakness.
Why did the price of Antimony Trioxide change in December 2025 in North America?
• Increased imports from China and Belgium raised availability, reducing landed costs and pressuring U.S. quotations.
• Softer construction and electronics activity reduced antimony offtake, prompting buyers to postpone replenishment into year-end.
• Stable logistics and easing freight lowered landed costs, enabling sellers to concede discounts clearing parcels.
APAC
• In China, the Antimony Trioxide Price Index fell by 12.68% quarter-over-quarter, reflecting weak export demand.
• The average Antimony Trioxide price for the quarter was approximately USD 19406.00/MT, based on Shanghai.
• Antimony Trioxide Spot Price weakened amid inventory builds, narrowing arbitrage margins and pressuring trader offers.
• Antimony Trioxide Price Forecast shows modest oscillation as maintenance and export quotas affect near-term supply.
• Antimony Trioxide Production Cost Trend eased slightly as concentrate feedstock improved and coal prices moderated.
• Antimony Trioxide Demand Outlook weak as downstream compounding orders and electronics buying remain largely subdued.
• Antimony Trioxide Price Index showed oversupply with higher bonded stocks, logistics and sellers cutting offers.
• Port logistics stayed fluid, allowing shipments; inventory accumulation constrained export liftings and pressured domestic market.
Why did the price of Antimony Trioxide change in December 2025 in APAC?
• Demand collapse from plastics and export markets reduced offtake, creating persistent downward pressure on prices.
• Improved concentrate supply and steady smelter runs lowered production costs, enabling sellers to cut offers.
• Smooth logistics and port congestion enabled Shanghai stock builds, limiting export arbitrage and recovery.
Europe
• In the Netherlands, the Antimony Trioxide Price Index fell by 22.15% quarter-over-quarter, reflecting weak demand nationwide.
• The average Antimony Trioxide price for the quarter was approximately USD 46543.33/MT in Rotterdam warehouses reported.
• Antimony Trioxide Spot Price softened as Rotterdam inventories remained adequate, pressuring spot liquidity and trader quotations.
• Antimony Trioxide Price Forecast shows modest volatility with seasonal restocking expected to mildly support prices early.
• Antimony Trioxide Production Cost Trend benefited from stable freight but high energy charges constrained mill margins.
• Antimony Trioxide Demand Outlook remains weak as compounder run rates stay subdued and substitution reduces consumption.
• Antimony Trioxide Price Index movement reflected year-end destocking and steady Asian export offers, limiting upside pressure.
• Major producer operating normalisation in China increased flows, while Rotterdam inventories remained adequate, tempering price recovery.
Why did the price of Antimony Trioxide change in December 2025 in Europe?
• Soft Chinese export offers combined with weak European compounder demand created surplus, pressuring spot quotations.
• High Dutch energy and handling costs constrained margins, while stable freight prevented landed cost increases.
• Year-end destocking reduced buying urgency as compounders ran down safety stocks, keeping pressure on prices.
For the Quarter Ending September 2025
North America
• In the USA, the Antimony Trioxide Price Index rose by 2.97% quarter-over-quarter, Chinese supply tightness.
• The average Antimony Trioxide price for the quarter was approximately USD 64908/MT for U.S. spot.
• Antimony Trioxide Spot Price strengthened in August, lifting the Price Index amid constrained seaborne availability.
• Antimony Trioxide Production Cost Trend shows upward pressure from elevated ingot feedstock, rising logistics costs.
• Antimony Trioxide Price Forecast indicates modest monthly gains into autumn, reflecting persistent supply tightness ahead.
• Antimony Trioxide Demand Outlook remains firm given construction and electronics demand, supporting the Price Index.
• Antimony Trioxide Price Index volatility amplified by low inventories and constrained export volumes from China.
• Antimony Trioxide Spot Price reacted to maintenance shutdowns, limited U.S. processing capacity, sustaining upward pressure.
Why did the price of Antimony Trioxide change in September 2025 in North America?
• Chinese export curbs and maintenance outages reduced seaborne supply, tightening availability for North American markets.
• Elevated feedstock and logistics costs increased production costs, reflected in higher Antimony Trioxide Price Index.
• Strong construction and electronics restocking absorbed limited cargoes, preventing notable downward price correction in September.
APAC
• In China, the Antimony Trioxide Price Index fell by 16.6% quarter-over-quarter, driven by downstream demand.
• The average Antimony Trioxide price for the quarter was approximately USD 22223.33/MT, reflecting transaction levels.
• Antimony Trioxide Spot Price firmed as inventories fluctuated, with some buying by downstream resin makers.
• Antimony Trioxide Price Forecast indicates small monthly recoveries given constrained supply and anticipated seasonal restocking.
• Antimony Trioxide Production Cost Trend remains elevated due to ore shortages and smelter operating pressures.
• Antimony Trioxide Demand Outlook highlights subdued consumption with recovery tied to electronics and construction activity.
• Antimony Trioxide Price Index pressure intensified from weak exports, logistical bottlenecks, and buyer procurement strategies.
• Major producers maintained curtailments and summer maintenance, limiting availability and supporting upticks in the Price Index
Why did the price of Antimony Trioxide change in September 2025 in APAC?
• Oversupply from earlier months met subdued demand, leading to excess inventories and downward Price Index pressure.
• Ore shortages and smelter shutdowns raised production costs, tightening availability, affecting Antimony Trioxide Production Cost Trend.
• Port bottlenecks and weaker export demand constrained shipments, amplifying volatility, depressing Antimony Trioxide Spot Price.
Europe
• In the Netherlands, the Antimony Trioxide Price Index rose by 2.98% quarter-over-quarter amid Chinese export constraints.
• The average Antimony Trioxide price for the quarter was approximately USD 59786.67/MT, reflecting subdued inflows.
• Antimony Trioxide Spot Price softened amid increased offers and thin buying, pressuring the Price Index.
• Antimony Trioxide Production Cost Trend remained elevated; feedstock and compliance risks from China sustained premiums.
• Antimony Trioxide Demand Outlook points to weak construction and plastics consumption, limiting recovery in prices.
• Antimony Trioxide Price Forecast indicates volatility with intermittent restocking and Chinese licensing delays influencing direction.
• Improved inventories in polymer sectors and subdued buying compressed margins, pressuring Antimony Trioxide Spot Price.
• Logistics delays and export licensing uncertainty intermittently tightened availability, underpinning the Antimony Trioxide Price Index.
Why did the price of Antimony Trioxide change in September 2025 in Europe?
• Higher supplier offers combined with thin August buying reduced demand, weakening Antimony Trioxide Price Index.
• Persistent Chinese export restrictions and anti smuggling enforcement constrained primary supply, supporting a price floor.
• Weak construction and plastics demand across Europe reduced orders, creating inventory accumulation and limiting recovery.
For the Quarter Ending June 2025
North America
• In the North American region, Antimony Trioxide Price Index rose by approximately 25% over the quarter, reflecting a sharp rebound in spot prices due to tightening supply and robust industrial demand.
• With supply disruptions from April through mid quarter, Antimony Trioxide Production Cost Trend saw elevated raw material and logistical costs particularly due to constrained access to antimony ingots and port congestion boosting production expenses and supporting higher ATO costs.
• Despite rising prices, Antimony Trioxide Demand Outlook remained strong across downstream sectors, including flame-retardant plastics for construction and electronics, data-centre infrastructure, and renewable energy projects requiring high performance safety materials.
• Supply-side strains were pronounced after U.S. disruption from USAC’s Force Majeure action early in the quarter and export curbs from China mid quarter, creating a scarcity of feedstock that tightened spot availability and intensified competition among buyers.
• Antimony Trioxide Price Forecast is for continued elevated and volatile levels in the near term. Unless new supply sources ramp up rapidly or export restrictions ease, prices are expected to remain firm or trend higher through late 2025.
• Elevated inventories persisted by the end of the quarter with limited restocking. The Antimony Trioxide Price Index therefore remained elevated, supported by constrained availability even as demand held up.
Why did the price of Antimony Trioxide change in July 2025 in North America?
The Price Index decreased due to a sudden ease of speculative tightness, some backlog cleared, minor restocking from alternate sources occurred and buyers paused short-term purchases after Q2 run-up, relieving upward pressure.
APAC
• APAC Antimony Trioxide Price Index surged about 58% in Q2 2025 compared to Q1, reflecting tightening supply and resilient demand in the region.
• Supply shortfalls pushed the Antimony Trioxide Production Cost Trend upward: raw material constraints, especially limited antimony concentrate output and production halts, led to higher feedstock costs across key manufacturing hubs in China—this elevated overall production costs.
• On demand side, Antimony Trioxide Demand Outlook remained strong: growth in electronics, construction and consumer goods trade in incentives kept usage elevated, especially for flame retardant applications in plastics and textiles.
• By the end of the quarter, inventories were drawn down significantly; persistent upstream disruptions kept stocks tight, reinforcing price momentum.
• While Antimony Trioxide Price Forecast for Q2 into medium term remains bullish, analysts view the recent gains as part of a broader upward trajectory and expect continued volatility as supply shortages persist.
Why did the price of Antimony Trioxide change in July 2025 in Asia?
In early July, Chinese authorities tightened export controls and cracked down sharply on antimony smuggling. As a result, antimony exports fell precipitously: June exports dropped to only 87 mt, down roughly 45% versus April levels and sharply lower MoM
These export limitations in a highly concentrated global market triggered a further increase in the Price Index in July, as buyers in APAC raced to secure a dwindling supply anticipating even tighter conditions.
Europe
• Antimony Trioxide Price Index across Europe increased noticeably over the quarter, reflecting a tightening market due to constrained supply and sustained industrial demand
• With supply interruption from early to mid quarter, Antimony Trioxide Production Cost Trend showed elevated costs driven by limited feedstock availability and logistical delays worsening delivery timelines and supporting higher ATO price levels.
• Antimony Trioxide Demand Outlook remained solid, underpinned by strong activity in flame-retardant plastics for construction, electronics, and automotive sectors—especially amid regulatory mandates for improved fire safety.
• Disruptions from Chinese export restrictions and reduced outputs in Russia curtailed raw material inflows, while European stock buffers remained minimal, enhancing buyers’ urgency and pushing the Price Index upward by quarter-end
• Antimony Trioxide Price Forecast anticipates price stability or moderate gains through late 2025, unless new supply sources emerge or trade policies soften, given persistent structural tightness in Europe's supply chain
• By the end of the quarter, improved availability of offers in European trading hubs and weakened buying momentum led Antimony Trioxide Price Index to soften slightly, marking the first regional correction in some time.
• Supply pipelines showed tentative signs of restocking mid-quarter, but overall availability remained limited, keeping upward pressure on production costs and reinforcing tight market balance.
Why did the price of Antimony Trioxide change in July 2025 in Europe?
The Price Index decreased modestly as buyer interest aged following the quarter’s rally, and more offers entered the market, easing near-term pressure and enabling a mild correction in prices
