8th World Antimony Forum

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Guiyang, Guizhou, China

12th Rare Earth Summit

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Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

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Hangzhou, Zhejiang, China

9th Magnesium Summit

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13th World InBiGeGa Forum

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7th World Antimony Forum

June 13-14, 2019
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7th Refractory & Abrasive Materials Summit 2019

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May 16-17, 2019
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May 9-10, 2019
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Zhuhai, Guangdong, China

Chinese bismuth ingot prices to decrease

2019-04-18 08:50:56   【Print】
BEIJING (Asian Metal) 18 Apr 19 - Currently, mainstream prices for Chinese bismuth ingot 99.99%min decrease by RMB500/t (USD0.03/lb) from late last week to RMB46,000-48,000/t (USD3.Asian Metal Copyright The market witnessed few buying activities over the past week and consumers generally held back from purchasing, waiting for lower prices.Asian Metal Copyright11-3.24/lb) Inc-VAT EXW D/P.Asian Metal Copyright03lbfrom late last week, when they sold 50t at RMB48,500t USD3.Asian Metal Copyright The market witnessed few buying activities over the past week and consumers generally held back from purchasing, waiting for lower prices.Asian Metal Copyright03lbfrom late last week, while they still could sold 5t at RMB45,000t USD3.Asian Metal Copyright The market lacks speculative demand and the inquiry is inactive now.Asian Metal Copyright The source said, "Our trading volume keeps dropping this year.Asian Metal Copyright Market participants are of the opinion that the price would continue declining next week.

A South China-based trader mentioned that they offer bismuth ingot 99.99%min at RMB48,000/t (USD3.24/lb) Inc-VAT EXW D/P at present and just sold about 20t at this price early this week, a decrease of RMB500/t (USD0.03/lb) from late last week, when they sold 50t at RMB48,500/t (USD3.28/lb) Inc-VAT EXW D/P.Asian Metal Copyright94lbEx-VAT Delivered DP for firm bids, a decrease of RMB500t USD0.Asian Metal Copyright The source said, "The demand is weak and our clients' inquiries are inactive especially early this week. We believe that the price would go down to RMB46,000/t (USD3.11/lb) Inc-VAT EXW D/P in the coming week in view of few deals in the spot market.Asian Metal Copyright The source said, "The demand is weak and our clients' inquiries are inactive especially early this week.Asian Metal Copyright" They hold no confidence about the future market after they learnt that indium ingot 99.Asian Metal Copyright99%min would be auction in few days later.Asian Metal Copyright99%min stocks of Fanya would be auction next week as they worried that bismuth ingot 99.Asian Metal Copyright They hold about 10t of inventories now.Asian Metal Copyright99%min would be auction in few days later.

The trader, with a regular monthly trading volume of 200t for bismuth ingot 99.99%min, expects to sell 200t this month and sold about 300t last month.Asian Metal Copyright99%min, expects to sell 20t this month, the same as last month.Asian Metal Copyright They hold about 30t of stocks now.

Another South China-based trader noted that they offer bismuth ingot 99.99%min at RMB44,000/t (USD2.97/lb) Ex-VAT Delivered D/P now and refuse to sell below RMB43,500/t (USD2.94/lb) Ex-VAT Delivered D/P for firm bids, a decrease of RMB500/t (USD0.03/lb) from late last week, while they still could sold 5t at RMB45,000/t (USD3.04/lb) Ex-VAT Delivered D/P early last week.Asian Metal Copyright99%min decrease by RMB500t USD0.Asian Metal Copyright The source said, "Our trading volume keeps dropping this year.Asian Metal Copyright Market participants are of the opinion that the price would continue declining next week.Asian Metal Copyright The original transaction volume was 30t per month last year but now it is 20t per month. As the demand is weak, we predict that the price would go down to RMB43,000/t (USD2.91/lb) Ex-VAT Delivered D/P in the following week."

The trader, based on a monthly trading volume of 30t for bismuth ingot 99.99%min, expects to sell 20t this month, the same as last month.Asian Metal Copyright99%min stocks of Fanya would be auction next week as they worried that bismuth ingot 99.Asian Metal Copyright They hold about 10t of inventories now.
.Asian Metal Copyright The market lacks speculative demand and the inquiry is inactive now.Asian Metal Copyright