Bismuth Market Report April 2016
2016-05-16 13:59:25 【Print】
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During April, the Chinese bismuth ingot market fluctuated significantly with prices as a whole showing a downward trend before picking up
. In the first half of March, Chinese bismuth producers held back for sales in view of the surging international prices, which pushed up the domestic price . However, most consumers came from traders and end users only made sporadic purchases . In the second half of the month, bismuth producers started to sell by competing offers due to sales pressure based on continuously sluggish downstream demand and the price for bismuth ingot started moving down . In view of the weak economy in China, market participants showed limited confidence in the future market, believing that the price for the material will still move on the downward trend in May.