Monthly Bismuth Market Report Oct 2018
2018-11-15 17:38:33 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In early October, participants in bismuth ingot 99.99%min market left the market to take the National Day holiday, during which prices for the material were steady. After that, they continued to drop sharply and stood at RMB48,000-50,000/t (USD6,916-7,205/t) EXW D/P at the end of this month, down by RMB6,000/t (USD865/t) MOM. As the demand remained weak and the prices kept dropping but failed to reach the bottom line, purchasers preferred to consume stocks with no plan to make replenishment. Due to the financial pressure, producers lowred quotations continually, and prices for Chinese bismuth ingot 99.99%min became the lowest in recent there years.
In early October, participants in bismuth ingot 99.99%min market left the market to take the National Day holiday, during which prices for the material were steady. After that, they continued to drop sharply and stood at RMB48,000-50,000/t (USD6,916-7,205/t) EXW D/P at the end of this month, down by RMB6,000/t (USD865/t) MOM. As the demand remained weak and the prices kept dropping but failed to reach the bottom line, purchasers preferred to consume stocks with no plan to make replenishment. Due to the financial pressure, producers lowred quotations continually, and prices for Chinese bismuth ingot 99.99%min became the lowest in recent there years.
