Monthly Bismuth Market Report Oct 2018
2018-11-15 17:38:33 【Print】
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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.