Chinese bismuth ingot prices keep strong

BEIJING (Asian Metal) 22 Mar 23 - Chinese bismuth ingot 99.Asian Metal CopyrightBEIJING Asian Metal 22 Mar 23 - Chinese bismuth ingot 99.Asian Metal Copyright99%min market saw active buying activities early this week and traders generally still tend to build more stocks.Asian Metal Copyright99%min would stay firm in the upcoming week due to firm prices from producers.Asian Metal Copyright Currently, the mainstream prices of Chinese bismuth ingot 99.99%min move up to RMB55,500-56,500/t (USD3.Asian Metal Copyright70lb EXW DP one week ago.Asian Metal Copyright66-3.73/lb) EXW D/P, an increase of RMB500/t (USD0.03/lb) from the end of last week.Asian Metal Copyright99%min now even for firm bids, while most of them still could accept RMB55,500t USD3.Asian Metal Copyright Market participants forecast that the prevailing prices of Chinese bismuth ingot 99.Asian Metal Copyright They expect to produce about 280t in March, in line with last month.Asian Metal Copyright99%min would stay firm within this week considering that most producers hold confidence about the market.

A producer in Northern China stated that they just sold around 33t of bismuth ingot 99.99%min at RMB56,500/t (USD3.73/lb) EXW D/P this Tuesday, while they still insisted on RMB56,000/t (USD3.70/lb) EXW D/P one week ago.Asian Metal Copyright70lb EXW DP for bismuth ingot 99.Asian Metal Copyright They kept watching the market over the past two weeks and still hold bullish attitudes about the market. They earlier sold around 33t at RMB53,500/t (USD3.53/lb) EXW D/P early March.Asian Metal Copyright They expect to produce about 280t in March, in line with last month.Asian Metal Copyright The source said, "We are of the opinion that the prevailing prices of Chinese bismuth ingot 99.Asian Metal Copyright03lb from the end of last week.Asian Metal Copyright99%min would stay firm in the upcoming week due to firm prices from producers."

The producer, based on a production capacity of 3,200tpy of bismuth ingot 99.99%min, holds no inventory presently, the same as the end of last month.Asian Metal Copyright99%min, the trader expects to sell around 150t this month, unchanged from last month.Asian Metal Copyright They expect to produce about 280t in March, in line with last month.Asian Metal Copyright99%min would remain firm in rest days of this week as producers generally hold bullish attitudes till the end of this month.Asian Metal Copyright They produced about 2,860t in 2022 and around 530t in the past two months in 2023.

A trader in Southern China noted that their regular suppliers generally insist on RMB56,000/t (USD3.70/lb) EXW D/P for bismuth ingot 99.99%min now even for firm bids, while most of them still could accept RMB55,500/t (USD3.66/lb) EXW D/P late last week. They last purchased around 33t at RMB55,500/t (USD3.66/lb) EXW D/P last Friday.Asian Metal Copyright Currently, the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright The source said, "We believe that the mainstream prices of Chinese bismuth ingot 99.Asian Metal Copyright A trader in Southern China noted that their regular suppliers generally insist on RMB56,000t USD3.Asian Metal Copyright99%min would remain firm in rest days of this week as producers generally hold bullish attitudes till the end of this month."

With a regular monthly trading volume of 150t of bismuth ingot 99.99%min, the trader expects to sell around 150t this month, unchanged from last month.Asian Metal Copyright" With a regular monthly trading volume of 150t of bismuth ingot 99.Asian Metal Copyright They hold around 200t of stocks, in line with the end of last month.

.Asian Metal Copyright Currently, the mainstream prices of Chinese bismuth ingot 99Asian Metal Copyright