Monthly Bismuth Market Report Aug 2021

Contents

1 Market Highlights 2
2 Economy and Policy 2
2.1 International oceans freight hits a ten-year high 2
2.2 Japan restricts foreign investment in rare metals such as tungsten, molybdenum and rare earths 2
3 Market Movements 2
3.1 Chinese Market 2
3.1.Asian Metal Copyright9%min price trend from 2021-07-01 to 2021-08-30 RMBt 2 Graph 3 Chinese bismuth ingot 99.Asian Metal Copyright1 Bismuth Ingot 99.99%min EXW D/P 2
3.1.Asian Metal Copyright2 Bismuth Ingot 99.Asian Metal Copyright2 Bismuth Oxide 99.9%min EXW D/P 2
3.2 Chinese Export Market 2
3.2.Asian Metal Copyright3 AM Stats: Chinese bismuth ingot producers' inventory down by 9.Asian Metal Copyright1 Bismuth Ingot 99.99%min FOB China 2
3.3 International Market 3
3.3.Asian Metal Copyright99%min Delivered America 3 3.Asian Metal Copyright1 Bismuth Ingot 99.99%min in Rotterdam Warehouse 3
3.3.Asian Metal Copyright3 Chinese bismuth oxide 99.Asian Metal Copyright2 Bismuth Ingot 99.99%min Delivered America 3
3.3.Asian Metal Copyright2 Bismuth Oxide 99.Asian Metal Copyright3 Bismuth ingot 99.99%min Delivered India 3
4 Company News 3
4.1 Auction result for 263t of big crude bismuth held by Hunan Jinwang Bismuth 3
4.2 Hunan Jinwang Bismuth announces auction result for 80.79t of big crude bismuth 3
4.3 Hunan Jinwang Bismuth announces auction result for 58.86t of small crude bismuth 3
4.4 Henan Yuguang Gold & Lead announces bidding result for sales of bismuth ingot 3
5 Producers Statistics 3
5.1 AM Stats: Chinese bismuth ingot producers' operating rate up by 23.00% YoY in Aug 2021 3
5.2 AM Stats: Chinese bismuth ingot producers' output up by 15.69% YoY in Aug 2021 4
5.3 AM Stats: Chinese bismuth ingot producers' inventory down by 9.87% YoY in late Aug 2021 4
6 Export Statistics 5
6.1 China's exports of bismuth ingot up by 216.46% MoM in July 2021 5
7 Market Outlook for Next Month 5
7.1 Chinese bismuth ingot 99.99%min prices EXW 5
7.2 Chinese bismuth ingot 99.99%min FOB China prices 5
7.3 Chinese bismuth oxide 99.9%min EXW prices 5
7.4 European bismuth ingot 99.99%min in warehouse Rotterdam 5
7.5 American bismuth ingot 99.99%min delivered prices 5
7.6 Indian bismuth ingot 99.99%min delivered prices 5

Graph

Graph 1 Chinese bismuth ingot 99.99%min price trend from 2021-07-01 to 2021-08-30 (RMB/t) 2
Graph 2 Chinese bismuth Oxide 99.9%min price trend from 2021-07-01 to 2021-08-30 (RMB/t) 2
Graph 3 Chinese bismuth ingot 99.99%min FOB price trend from 2021-07-01 to 2021-08-30 (USD/lb) 2
Graph 4 European bismuth ingot 99.99%min price trend from 2021-07-01 to 2021-08-30 (USD/lb) 3
Graph 5 American bismuth ingot 99.99%min price trend from 2021-07-01 to 2021-08-30 (USD/lb) 3
Graph 6 Indian bismuth ingot 99.99%min price trend from 2021-07-01 to 2021-08-30 (INR/kg) 3
Graph 7 Chinese bismuth ingot producers' operating rate from 2020-08 to 2021-08 (%) 3
Graph 8 Chinese bismuth ingot producers' operating rate by province from 2020-08 to 2021-08 (%) 4
Graph 9 Chinese bismuth ingot producers' monthly output from 2020-08 to 2021-08 (t) 4
Graph 10 Chinese bismuth ingot producers' monthly output from 2020-08 to 2021-08 by province (t) 4
Graph 11 Chinese bismuth ingot producers' inventory by month from 2020-08 to 2021-08 (t) 4
Graph 12 Chinese bismuth ingot producers' inventory by month and province from 2020-08 to 2021-08 (t) 4

Table

Table 1 Chinese bismuth ingot producers' operating rate by province from 2020-08 to 2021-08 4
Table 2 Chinese bismuth ingot producers' monthly output from 2020-08 to 2021-08 by province (t) 4
Table 3 Chinese bismuth ingot producers' inventory by month and province from 2020-08 to 2021-08 (t) 5
Table 4 Top three bismuth ingot export destinations for China in April 2021 (t) 5


.Asian Metal Copyright46% MoM in July 2021 5 7 Market Outlook for Next Month 5 7Asian Metal Copyright