Monthly Bismuth Market Report Jan 2018
2018-02-06 17:53:36 【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
Mainstream prices for Chinese bismuth ingot 99.99%min were mainly stable in January and increased slightly by RMB500/t (USD79.57/t) in middle of the month with no large fluctuation on the whole. Producers mainly held back from selling and were in no hurry to sell in the year end except long-term orders as most of them sold the material at lower prices in last December under the funds pressure and had sufficient capital in January. With the stable demand from end users before the Spring Festival, traders built stocks in small volumes and sent enquiries actively, leaving steady transactions.
Mainstream prices for Chinese bismuth ingot 99.99%min were mainly stable in January and increased slightly by RMB500/t (USD79.57/t) in middle of the month with no large fluctuation on the whole. Producers mainly held back from selling and were in no hurry to sell in the year end except long-term orders as most of them sold the material at lower prices in last December under the funds pressure and had sufficient capital in January. With the stable demand from end users before the Spring Festival, traders built stocks in small volumes and sent enquiries actively, leaving steady transactions.
