• Lead Conc. TC 50%min CIF Chinadown(-30)  04-01|Ilmenite Conc TiO2 46%min Ex-VAT EXW Chinadown(-60)  04-01|Alumina 98.5%min FOB Australiadown(-10)  04-01|Cobalt Intermediate 30-40% CIF Chinaup(0.2)  04-01|Chrome Lump S.A. 38%min In port Chinaup(1)  04-01|Chrome Lump S.A. 38%min CIF Chinaup(5)  04-01|Chrome Lump 40%min FOB Turkeyup(5)  04-01|Chrome Lump Turkish 40%min CIF Chinaup(5)  04-01|Silicon Metal 5-5-3 Delivered Chinadown(-200)  04-01|Zircon Sand Australian Zr(Hf)O2 66%min In port Chinadown(-300)  04-01|Chrome Conc. S.A. 40%min CIF Chinaup(5)  04-01|CR Coil SPCC 1.0mm FOB Chinaup(10)  04-01|Chrome Conc. S.A. 42%min CIF Chinaup(5)  04-01|Chrome Conc. S.A. 40%min In port Chinaup(1)  04-01
  • Chinese domestic bismuth ingot offers rise while market slow

    2013-11-27 17:15:55   [Print]
    BEIJING (Asian Metal) 27 Nov 13 – The mainstream prices for Chinese bismuth ingot rose from RMB115,000-116,000/t (USD8.Asian Metal Copyright73lb in the recent several days, but domestic market trading was thin and it was hard to seal deals at the level.Asian Metal Copyright58-8.65/lb) to RMB116,000-118,000/t (USD8.Asian Metal Copyright A major bismuth ingot trader in China told Asian Metal that their purchasing price for bismuth ingot was RMB114,000-115,000t USD8.Asian Metal Copyright65-8.81/lb) in the recent several days, and some suppliers were holding back from selling materials.Asian Metal Copyright The source claimed that they do not make offers for bismuth ingot now as some plants even held back from selling materials and bismuth ingot prices are expected to rise further slightly.Asian Metal Copyright Chinese bismuth export market saw more inquiries recently, while the domestic market remained slow as the demand kept weak.

    A supplier in China, with a current output of around 60tpm for bismuth ingot, reported that the mainstream offers for bismuth ingot rose from RMB115,000/t (USD8.58/lb) in the first half of November to RMB116,000-117,000/t (USD8.Asian Metal Copyright65-8.Asian Metal Copyright65-8.73/lb) in the recent several days, but domestic market trading was thin and it was hard to seal deals at the level.

    The source thinks that Chinese bismuth ingot prices will not see obvious increase in the near future as the year end approaches, and buyers incline to lower stocks and suppliers may face pressure of cash. They raised offers for bismuth ingot to RMB116,000/t (USD8.65/lb) last week, with no deals being concluded at the level, and finally sold a batch of the material at RMB115,000/t (USD8.58/lb).

    A major bismuth ingot trader in China told Asian Metal that their purchasing price for bismuth ingot was RMB114,000-115,000/t (USD8.51-8.58/lb) in mid-November and the price rose to RMB117,000/t (USD8.73/lb) gradually in the recent several days.Asian Metal Copyright65lb last week, with no deals being concluded at the level, and finally sold a batch of the material at RMB115,000t USD8.Asian Metal Copyright The source claimed that they do not make offers for bismuth ingot now as some plants even held back from selling materials and bismuth ingot prices are expected to rise further slightly. The source added that their target selling price is over RMB118,0000-120,000/t (USD8.Asian Metal Copyright96lb.Asian Metal Copyright81-8.96/lb).

    The source claimed that Chinese bismuth ingot export market will see more orders in the following days before the Christmas holiday and bismuth ingot prices will go up further in the near future. However, domestic real demand sees no signal of picking up and buyers will not add stocks in large quantities in the year end, the bismuth ingot prices rising margin will not be large.Asian Metal Copyright They raised offers for bismuth ingot to RMB116,000t USD8.Asian Metal Copyright
    Bismuth Ingot 99.99%min Delivered India
    Unit:INR/kg
    Bismuth Ingot 99.99%min Delivered India INR/kg
    China bismuth ingot producers' number MoM output increase statistics by province by month
    Unit: pcs
      Copyright © Asian Metal Ltd All rights reserved.