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Guiyang, Guizhou, China

12th Rare Earth Summit

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Hangzhou, Zhejiang, China

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Hangzhou, Zhejiang, China

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June 13-14, 2019
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May 23-24, 2019
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May 9-10, 2019
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Chenzhou Gaoxing resumes bismuth ingot production

2019-03-13 09:06:22   【Print】
BEIJING (Asian Metal) 13 Mar 19 - Hunan Chenzhou Gaoxing Nonferrous Metal Co.Asian Metal Copyright99%min production in June 2018 as the material price was lower than our production cost and we resumed the production early this month due to the OME order we received late last month.Asian Metal Copyright, Ltd.Asian Metal Copyright As our client provided crude bismuth ingot 90%min to us as raw material, we expect to smelt 200t of bismuth ingot 99.Asian Metal Copyright resumed bismuth ingot 99.Asian Metal Copyright, Ltd.Asian Metal Copyright99%min production in early March, a source from the company disclosed to Asian Metal.

The source said, "We halted bismuth ingot 99.99%min production in June 2018 as the material price was lower than our production cost and we resumed the production early this month due to the OME order we received late last month.Asian Metal Copyright As our client provided crude bismuth ingot 90%min to us as raw material, we expect to smelt 200t of bismuth ingot 99.Asian Metal Copyright As our client provided crude bismuth ingot 90%min to us as raw material, we expect to smelt 200t of bismuth ingot 99.Asian Metal Copyright99%min and 300t of inventories for crude bismuth ingot 90%min.Asian Metal Copyright99%min this month, far surpassing our regular month output."

The producer, with a production capacity of 800tpy for bismuth ingot 99.99%min, holds about 100t of stocks for bismuth ingot 99.Asian Metal Copyright The source said, "We halted bismuth ingot 99.Asian Metal Copyright99%min and 300t of inventories for crude bismuth ingot 90%min. Their processing fee is RMB6,000/t now.

Currently, mainstream prices for Chinese bismuth ingot 99.99%min decline to RMB46,000-48,000/t (USD3.Asian Metal Copyright10-3.Asian Metal Copyright10-3.31/lb) EXW D/P, down by RMB1,000/t (USD0.67/lb) from late last week.Asian Metal Copyright99%min this month, far surpassing our regular month output.Asian Metal Copyright Insiders are of the opinion that the price would continue to decrease in the coming week.

.Asian Metal CopyrightBEIJING Asian Metal 13 Mar 19 - Hunan Chenzhou Gaoxing Nonferrous Metal Co.Asian Metal Copyright