Yongxing Hesheng resumes bismuth ingot production
2024-03-22 08:21:30 [Print]
BEIJING (Asian Metal) 22 Mar 24 - One of major bismuth ingot 99.99%min producers in Chenzhou, China, Yongxing Hesheng Environmental Protection Technology Co. resumes bismuth ingot 99.99%min production in late February, a source from the company disclosed to Asian Metal.
The source said, "We halted the bismuth ingot 99.99%min production early last month for Spring Festival and resumed the production in late February". They produced around 100t in February and estimated to produce about 200t in March.
The producer, based on a production capacity of 2,000tpy of bismuth ingot 99.99%min, holds about 100t of stocks, almost in line with late last month. They started to produce bismuth ingot 99.99%min since early May 2023 and produced around 1,700t in 2023.
Currently, Chinese bismuth ingot 99.99%min mainstream prices hover at RMB54,500-55,500/t (USD3.43-3.50/lb) EXW D/P, in line with early this week. Given that suppliers intended to kept the prices firm supported by limited stocks, insiders predicted that the mainstream prices of Chinese bismuth ingot 99.99%min would move up in the upcoming week.
The source said, "We halted the bismuth ingot 99.99%min production early last month for Spring Festival and resumed the production in late February". They produced around 100t in February and estimated to produce about 200t in March.
The producer, based on a production capacity of 2,000tpy of bismuth ingot 99.99%min, holds about 100t of stocks, almost in line with late last month. They started to produce bismuth ingot 99.99%min since early May 2023 and produced around 1,700t in 2023.
Currently, Chinese bismuth ingot 99.99%min mainstream prices hover at RMB54,500-55,500/t (USD3.43-3.50/lb) EXW D/P, in line with early this week. Given that suppliers intended to kept the prices firm supported by limited stocks, insiders predicted that the mainstream prices of Chinese bismuth ingot 99.99%min would move up in the upcoming week.
