Monthly Bismuth Market Report Nov 2022

Contents

1 Market Highlights 2
2. Economy and Policy 2
2.1 China unveils plan to bolster industrial economic recovery 2
2.2 GACC: China's foreign trade value up by 9.5% YOY in Jan-Oct 2022 2
3 Market Movements 2
3.1 Chinese Market 2
3.1.Asian Metal Copyright2 GACC: China's foreign trade value up by 9.Asian Metal Copyright1 Bismuth Ingot 99.99%min EXW D/P 2
3.1.Asian Metal Copyright3.Asian Metal Copyright2 Bismuth Oxide 99.9%min EXW D/P 2
3.2 Chinese Export Market 2
3.2.Asian Metal Copyright6 Indian bismuth ingot 99.Asian Metal Copyright1 Bismuth Ingot 99.99%min FOB China 2
3.3 International Market 3
3.3.Asian Metal Copyright08% MoM in Nov 2022 3 4.Asian Metal Copyright1 Bismuth Ingot 99.99%min in Rotterdam Warehouse 3
3.3.Asian Metal Copyright1 China's exports of bismuth ingot down by 43.Asian Metal Copyright2 Bismuth Ingot 99.99%min Delivered America 3
3.3.Asian Metal Copyright99%min price trend from 2022-10-01 to 2022-11-30 USDlb 3 Graph 5 American bismuth ingot 99.Asian Metal Copyright3 Bismuth ingot 99.99%min Delivered India 3
4 Producers Statistics 3
4.1 AM Stats: Chinese bismuth ingot producers' operating rate up by 11.08% MoM in Nov 2022 3
4.2 AM Stats: Chinese bismuth ingot producers' output up by 55.32% YoY in Nov 2022 3
4.3 AM Stats: Chinese bismuth ingot producers' inventory down by 43.61% YoY in late Nov 2022 4
5 Export Statistics 4
5.1 China's exports of bismuth ingot down by 43.67% MoM in Oct 2022 4
6 Market Outlook for Next Month 5
6.1 Chinese bismuth ingot 99.99%min prices EXW 5
6.2 Chinese bismuth oxide 99.9%min EXW prices 5
6.3 Chinese bismuth ingot 99.99%min FOB China prices 5
6.4 European bismuth ingot 99.99%min in warehouse Rotterdam 5
6.5 American bismuth ingot 99.99%min delivered prices 5
6.6 Indian bismuth ingot 99.99%min delivered prices 5

Graph

Graph 1 Chinese bismuth ingot 99.99%min price trend from 2022-10-01 to 2022-11-30 (RMB/t) 2
Graph 2 Chinese bismuth Oxide 99.9%min price trend from 2022-10-01 to 2022-11-30 (RMB/t) 2
Graph 3 Chinese bismuth ingot 99.99%min FOB price trend from 2022-10-01 to 2022-11-30 (USD/lb) 2
Graph 4 European bismuth ingot 99.99%min price trend from 2022-10-01 to 2022-11-30 (USD/lb) 3
Graph 5 American bismuth ingot 99.99%min price trend from 2022-10-01 to 2022-11-30 (USD/lb) 3
Graph 6 Indian bismuth ingot 99.99%min price trend from 2022-10-01 to 2022-11-30 (INR/kg) 3
Graph 7 Chinese bismuth ingot producers' operating rate from 2021-11 to 2022-11 (%) 3
Graph 8 Chinese bismuth ingot producers' operating rate by province from 2021-11 to 2022-11 (%) 3
Graph 9 Chinese bismuth ingot producers' monthly output from 2021-11 to 2022-11 (t) 3
Graph 10 Chinese bismuth ingot producers' monthly output from 2021-11 to 2022-11 by province (t) 4
Graph 11 Chinese bismuth ingot producers' inventory by month from 2021-11 to 2022-11 (t) 4
Graph 12 Chinese bismuth ingot producers' inventory by month and province from 2021-11 to 2022-11 (t) 4

Table

Table 1 Chinese bismuth ingot producers' operating rate by province from 2021-11 to 2022-11 3
Table 2 Chinese bismuth ingot producers' monthly output from 2021-11 to 2022-11 by province (t) 4
Table 3 Chinese bismuth ingot producers' inventory by month and province from 2021-11 to 2022-11 (t) 4
Table 4 Top seven bismuth ingot export destinations for China in Oct 2022 (kg) 4


.Asian Metal Copyright99%min price trend from 2022-10-01 to 2022-11-30 RMBt 2 Graph 2 Chinese bismuth Oxide 99Asian Metal Copyright