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Market Research Report - 239707

Antimony: Market Outlook to 2025, 12th Edition 2015

Published by Roskill Information Services
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Antimony: Market Outlook to 2025, 12th Edition 2015
Published: September 30, 2015 Content info:

This publication has been discontinued on October 3, 2015.



The global financial crisis had a significant impact on antimony prices, which bottomed out at US$4,400/t in Q1 2009. Prices then recovered strongly, and surged to reach nearly US$17,000/t by Q2 2011 before beginning slow, gradual decline to Q1 2015 when prices dropped below US$8,000/t. In Q2 2015 prices have seen some recovery - reaching nearly US$9,000/t - but the market remains unsure of how price trends will play out.

Growth in antimony consumption averaged around 5.5%py during the mid-2000s, but fell between 2008 and 2009 as the global economic downturn affected demand for antimony products across almost all end-uses. Demand recovered to some extent, but has remained sluggish owing to lower-than-expected levels of growth in China, a slow recovery in the USA, and the Euro-crisis.

Around 80% of antimony mine production is converted antimony trioxide which is used principally in flame retardant (FR) formulations for textiles, plastics and rubber, and as a catalyst for the production of polyethylene terephthalate (PET). Lower than expected demand, and increasing levels of substitution in some FR formulations have taken their toll on the market and caused a drop in prices. Substitution remains a real concern for the market, and an understanding of future trends in the FR sector is essential for a wide number of market participants.Global demand trends have also taken their toll on automotive and construction sectors, impacting demand for antimony in metallurgical applications. The principal use of antimony metal is as an ingredient in lead alloys where it imparts hardness, strength, anticorrosion and other properties. Antimonial lead is used chiefly for automotive and stand-by batteries. Other uses are in lead alloys for construction, solders, ammunition, corrosion resistant pipes and cable sheathing.

The market is now in a state of oversupply. Mine production is spread across a wide number of countries with China, Russia, Bolivia, Tajikistan, South Africa, Australia and Myanmar all being significant producers. Growth in supply is, however, slowing as producers continue to face challenges - namely low market prices, together with rising operating costs and the continued need to meet environmental requirements. Nonetheless, oversupply is expected to continue over the short-term. There are several new projects which might augment supply over the next-decade; although without a strong price/demand incentive it is unlikely that many will enter production. The success of projects will be governed by cost competitiveness and integration potential.

Roskill's 2015 antimony report provides an evidence-based outlook for prices, based on an independent review of underlying drivers, industry and macro trends:

  • A medium-term and long-term outlook for prices to 2020 or 2025*
  • Detailed overview of historical price trends and major market dynamics
  • Baseline, high and low scenarios, including a discussion of upside and downside risks
  • Probabilistic outlook for pricing scenarios to help you make sense of analysts' forecasts

Get accurate answers from independent experts

  • Are reserves in Hunan dwindling?
  • Where is antimony mined and which countries produce trioxide?
  • What is the outlook for antimony supply and which new projects will enter production?
  • What are the main drivers of demand?
  • Will the market see substitution of antimony in flame retardants and batteries?
  • What is the market for antimony in other plastic additives and glass and ceramics?
  • How has China responded to environmental regulations?
  • How much antimony is illegally exported?
  • What is the impact of FANYA?
Table of Contents

Table of Contents

  • 1. Executive summary
  • 2. Macro-demographic and megatrends
  • 3. Mining, processing and specifications
  • 4. World supply of antimony
  • 5. Supply of antimony by country
  • 6. International trade of antimony
  • 7. World demand for antimony
  • 8. End-uses of antimony
  • 9. Outlook for supply of antimony
  • 10. Outlook for demand of antimony
  • 11. Supply/demand balance
  • 12. Prices of antimony
  • 13. Appendix - company profiles
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