Chinese bismuth ingot prices move up

BEIJING (Asian Metal) 10 Apr 24 - Most Chinese bismuth suppliers lift their prices further over the past week while most downstream consumers purchased with cautious attitudes.Asian Metal Copyright57lb today, while they considered selling at the price as low as RMB56,500t USD3.Asian Metal Copyright Currently, Chinese bismuth ingot 99.99%min mainstream prices increase to RMB56,500-57,500/t (USD3.Asian Metal Copyright99%min, holds 120t of stocks now, in line with last month.Asian Metal Copyright54-3.60/lb) EXW D/P, increased by RMB500/t (USD0.03/lb) from early last week.Asian Metal Copyright The producer, based on a production capacity of 2,000tpy of bismuth ingot 99.Asian Metal Copyright Given that suppliers have no intention to lower prices and the downstream hold cautious attitudes, insiders predict that the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright54-3.Asian Metal Copyright99%min would remain steady in the following days.

A trader in Shanghai discloses that most producers refuse to sell bismuth ingot 99.99%min at prices lower than RMB57,000/t (USD3.57/lb) EXW D/P at present, while they could accept the price as low as RMB56,500/t (USD3.54/lb) one week ago. "We just purchased 33t at RMB57,000/t (USD3.57/lb) yesterday", said the trader.Asian Metal Copyright99%min and have no intention to sell at prices less than RMB57,000t USD3.Asian Metal Copyright As their downstream clients just purchase from hand to mouth and have no intention to accept higher prices, they predict that the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright As their clients refuse to purchase at higher prices, they forecast that the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright99%min would show a stable trend in the following days.

The trader, with a regular monthly trading volume of 60t of bismuth ingot 99.99%min, expects to sell around 60t this month and sold about 75t last month.Asian Metal Copyright .Asian Metal Copyright They hold around 30t of stocks now, in line with late last month.

A producer in Hunan discloses that they quote RMB57,500/t (USD3.60/lb) EXW D/P for sell bismuth ingot 99.99%min and have no intention to sell at prices less than RMB57,000/t (USD3.57/lb) today, while they considered selling at the price as low as RMB56,500/t (USD3.54/lb) early last week. "We just sold around 33t at RMB57,000/t (USD3.57/lb) today and have an order for 33t under negotiation", said the producer.Asian Metal Copyright They hold around 30t of stocks now, in line with late last month.Asian Metal Copyright As their clients refuse to purchase at higher prices, they forecast that the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright As their downstream clients just purchase from hand to mouth and have no intention to accept higher prices, they predict that the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright99%min would remain firm in the upcoming days.

The producer, based on a production capacity of 2,000tpy of bismuth ingot 99.99%min, holds 120t of stocks now, in line with last month.Asian Metal Copyright60lb EXW DP for sell bismuth ingot 99.Asian Metal Copyright They expect to produce around 120t in April and they produced around 120t last month.Asian Metal Copyright The producer, based on a production capacity of 2,000tpy of bismuth ingot 99.Asian Metal Copyright They produced around 930t in 2023 and about 120t so far in 2024.
.Asian Metal Copyright99%min would remain firm in the upcoming daysAsian Metal Copyright