China Resumes Antimony Metal Exports to Japan: A Strategic Economic Move

Antimony Metal

Strategic Export Approval Enhances Japan-China Trade Relations

In January, the Chinese government marked a significant policy shift by approving the export of 20 tons of antimony metal to a Japanese company. This decision represents the first such export license issued since the imposition of new restrictions on dual-use items last September. The selected Japanese company boasts a long-standing operational history and strong ties with Chinese suppliers, illustrating a targeted approach in international trade relations.

Potential Expansion of Export Licenses to Major Global Players

Currently, China has granted export licenses to only two firms for selling antimony to Japan. However, indications from market insiders suggest a broader expansion. Prominent global companies like LG and Samsung, along with various plastic producers across Japan, South Korea, and Taiwan, are likely candidates for future licenses. This strategic move could significantly impact global supply chains and metal markets.

Market Implications and Future Prospects Amidst Export Controls

Following a temporary suspension, China resumed its antimony export channels on October 30. Despite a noticeable drop in exports during the last quarter of the previous year, recent increases in antimony trioxide shipments indicate a possible resurgence in trade activities. The ongoing restrictions still affect exports to certain nations, including the U.S., maintaining a two-tier price structure that sees international prices soaring above domestic levels. The potential normalization of export flows could narrow these regional price disparities.