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  • European bismuth market witnesses further uptick in price

    2014-02-07 01:57:44   [Print]
    LONDON (Asian Metal) 7 Feb 14 - The European bismuth 99.Asian Metal Copyright He mentioned that he had contact a few traders this week and revealed that the lowest price he received was USD9.Asian Metal Copyright99%min metal market has continued to witness prices appreciate this week with sources reporting to Asian Metal that the continued stockpiling has completely orchestrated this upward motion.Asian Metal Copyright70lb in warehouse Rotterdam.Asian Metal Copyright Sources explained to Asian Metal that demand is still rather soft in Europe with spot deals remaining sporadic.Asian Metal Copyright99%min metal market has continued to witness prices appreciate this week with sources reporting to Asian Metal that the continued stockpiling has completely orchestrated this upward motion.Asian Metal Copyright It was explained that certain downstream markets have continued to show promise with many claiming the lead replacement initiatives being enforced are the largest contributor.Asian Metal Copyright0lb.Asian Metal Copyright It has been revealed that the downstream pigment industry in particular has shown indications of increased demand moving forward.Asian Metal Copyright It was explained that certain downstream markets have continued to show promise with many claiming the lead replacement initiatives being enforced are the largest contributor.Asian Metal Copyright Sources have also mentioned that if the lead replacement initiatives are indeed further enforced, the automotive industry will certainly showing a distinct increase in consumption.Asian Metal Copyright70lb in warehouse Rotterdam.Asian Metal Copyright Currently prices are quoted between USD9.Asian Metal Copyright60lb for one container.Asian Metal Copyright50-9.80/lb in warehouse Rotterdam, a USD0.40/lb increase to prices quoted at the end of last week.

    A large European trader reported to Asian Metal that the current market is continuing to witness firmer prices, which he believes will most likely continue for some time. The trader mentioned that he has been receiving a decent amount of enquiries over the last few weeks with most translating into sales which he is very pleased about.Asian Metal Copyright40lb increase to prices quoted at the end of last week.Asian Metal Copyright The trader explained that he is frustrated with the stockpiling that is occurring within Asia, as this has been the core factor in prices appreciating in Europe.Asian Metal Copyright The source mentioned he is not in need of material at the moment, but will be looking to make a purchase in the next few weeks.Asian Metal Copyright The trader sold 5 tonnes early this week for USD9.70/lb in warehouse Rotterdam.Asian Metal Copyright0lb in the very near future”, the source explained.Asian Metal Copyright “I believe prices are going to continue their march upwards.Asian Metal Copyright A large European consumer explained to Asian Metal that he has been seeing prices firming since the beginning of 2014, and is not surprised that we are now slowly starting to approach USD10.Asian Metal Copyright There is a lot of momentum and I do not think the stockpiling in Asia is going to let up.Asian Metal Copyright50-9.Asian Metal Copyright I am predicting prices will surpass USD10.0/lb in the very near future”, the source explained.

    A large European consumer explained to Asian Metal that he has been seeing prices firming since the beginning of 2014, and is not surprised that we are now slowly starting to approach USD10.0/lb.Asian Metal Copyright0lb in the very near future”, the source explained.Asian Metal Copyright The consumer explained that he had hoped for a stable price level for 2014, but it seems that this was all in vain.Asian Metal Copyright70lb in warehouse Rotterdam.Asian Metal Copyright The stockpiling activity within Asia has kept prices moving upwards and this seems that it will continue moving forward.Asian Metal Copyright The trader sold 5 tonnes early this week for USD9.Asian Metal Copyright The source mentioned he is not in need of material at the moment, but will be looking to make a purchase in the next few weeks.Asian Metal Copyright The trader sold 5 tonnes early this week for USD9.Asian Metal Copyright He mentioned that he had contact a few traders this week and revealed that the lowest price he received was USD9.60/lb for one container.Asian Metal Copyright The trader explained that he is frustrated with the stockpiling that is occurring within Asia, as this has been the core factor in prices appreciating in Europe.Asian Metal Copyright “It seems that Chinese producers are confident and traders are predicting much higher prices in the near future.Asian Metal Copyright The consumer explained that he had hoped for a stable price level for 2014, but it seems that this was all in vain.Asian Metal Copyright From our side, I believe that the pigment industry will see positive growth in 2014 so will place additional demand in the market, but at the time being any price increase is completely led by China”, the source explained.


    .Asian Metal Copyright Sources explained to Asian Metal that demand is still rather soft in Europe with spot deals remaining sporadicAsian 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
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