Bismuth Market Report June 2017
2017-07-04 18:08:58 【Print】
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Chinese bismuth ingot 99
. 99%min prices continued to go down to RMB66,000-68,000 (USD4 . 41-4.54/lb) ex works VAT included in June, down significantly by RMB5,500/t (USD0.4/lb) from early June . With environmental protection inspections over throughout the country, some bismuth ingot producers decreased price to close more deals in order to recoup funds for resumption . However, downstream consumers only purchased small quantities of the material from hand to mouth due to persistently sluggish demand . Most traders also held a conservative attitude due to limited downstream orders, so the market saw scarce transactions, causing bismuth ingot prices to go down persistently.