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  • Chinese bismuth ingot plants keep raising offers

    2014-04-04 08:52:20   [Print]
    BEIJING (Asian Metal) 4 Apr 14 - Chinese bismuth ingot plants claimed that the overall stocks in hand are few and keep raising offers. The prices for bismuth ingot are around RMB135,500-137,000/t (USD9.Asian Metal Copyright95-10.Asian Metal Copyright92-10.03/lb) presently.

    A bismuth ingot supplier in China with an output of around 50tpm for bismuth ingot, reported that they received some orders from long-term customers recently at RMB136,000-137,000/t (USD9.95-10.03/lb), up further against the price of RMB135,000/t (USD9.88/lb) in late March.Asian Metal Copyright A bismuth ingot supplier in China with an output of around 50tpm for bismuth ingot, reported that they received some orders from long-term customers recently at RMB136,000-137,000t USD9.Asian Metal Copyright The orders will be fulfilled until April 20th.

    “We could not supply materials to the spot market until late April. The overall inventory of bismuth ingot is low on the spot market now and many plants have few stocks in hand.Asian Metal Copyright51lb at the time, for fear that the prices will drop further.Asian Metal Copyright I think the prices will go up further in the near future,” said the source.

    A bismuth ingot supplier in China, with a current output of around 25tpm, told Asian Metal that they sold some bismuth ingot at RMB136,000/t (USD9.95/lb) on the spot market recently, and have few stocks in hand now.

    The source claimed that Chinese bismuth ingot prices dropped in early March and they cleared stocks at RMB129,000-130,000/t (USD9.44-9.51/lb) at the time, for fear that the prices will drop further.Asian Metal Copyright A bismuth ingot supplier in China, with a current output of around 25tpm, told Asian Metal that they sold some bismuth ingot at RMB136,000t USD9.Asian Metal Copyright However, some bismuth ingot plants in Hunan stopped production recently and the investment demand on the market increased, so bismuth ingot prices began to rebound.Asian Metal Copyright03lb, up further against the price of RMB135,000t USD9.Asian Metal Copyright
    Bismuth Ingot 99.99%min EXW China
    Unit:RMB/mt
    Bismuth Ingot 99.99%min EXW China RMB/mt
    China bismuth ingot producers' inventory statistics by province by month
    Unit: mt
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