Bismuth Market Report May 2017
2017-06-08 17:33:50 【Print】
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The bismuth market moved steadily on the whole in May
. Affected by environmental inspection, most bismuth producers in Hunan suspended production for adjustment, leading to slipping supply of bismuth ingot on the spot market and most suppliers with stocks maintained prices firm . However, due to continuously sluggish end demand, most domestic downstream consumers still purchased from hand to mouth in small volumes and overseas consumers relied on long-term contracts to obtain raw material supply with limited purchases of spot materials . Domestic traders were also cautious to rebuild stocks, leading to stalemate in the bismuth ingot market based on rare deals . Although most bismuth ingot producers were still in production suspension, the spot supply was sufficient on the market and thus prices for the material may see no significant increases.