Monthly Bismuth Market Report Dec 2022

Contents

1 Market Highlights 2
2. Economy and Policy 2
2.1 MEE unveils action plan to win battle for blue skies 2
2.2 China's central bank to cut RRR by 0.25 percentage points 2
2.3 UNCTAD: Global trade value expected to reach USD32 trillion by 2022 2
2.4 GACC: China's foreign trade value up by 8.6% YOY in Jan-Nov 2
3 Market Movements 2
3.1 Chinese Market 2
3.1.Asian Metal Copyright98% MoM in late Dec 2022 4 6 Export Statistics 5 6.Asian Metal Copyright1 Indium ingot 99.995%min EXW D/P 2
3 Market Movements 2
3.1 Chinese Market 2
3.1.Asian Metal Copyright25 percentage points 2 2.Asian Metal Copyright1 Bismuth Ingot 99.99%min EXW D/P 2
3.1.Asian Metal Copyright2 Chinese bismuth oxide 99.Asian Metal Copyright2 Bismuth Oxide 99.9%min EXW D/P 2
3.2 Chinese Export Market 3
3.2.Asian Metal Copyright1 Bismuth Ingot 99.Asian Metal Copyright1 Bismuth Ingot 99.99%min FOB China 3
3.3 International Market 3
3.3.Asian Metal Copyright99%min price trend from 2022-11-01 to 2022-12-31 INRkg 3 Graph 7 Chinese bismuth ingot producers' operating rate from 2021-12 to 2022-12 % 4 Graph 8 Chinese bismuth ingot producers' operating rate by province from 2021-12 to 2022-12 % 4 Graph 9 Chinese bismuth ingot producers' monthly output from 2021-12 to 2022-12 t 4 Graph 10 Chinese bismuth ingot producers' monthly output from 2021-12 to 2022-12 by province t 4 Graph 11 Chinese bismuth ingot producers' inventory by month from 2021-12 to 2022-12 t 4 Graph 12 Chinese bismuth ingot producers' inventory by month and province from 2021-12 to 2022-12 t 5 Table Table 1 Chinese bismuth ingot producers' operating rate by province from 2021-12 to 2022-12 4 Table 2 Chinese bismuth ingot producers' monthly output from 2021-12 to 2022-12 by province t 4 Table 3 Chinese bismuth ingot producers' inventory by month and province from 2021-12 to 2022-12 t 5 Table 4 Top seven bismuth ingot export destinations for China in Nov 2022 kg 5 .Asian Metal Copyright1 Bismuth Ingot 99.99%min in Rotterdam Warehouse 3
3.3.Asian Metal Copyright5 American bismuth ingot 99.Asian Metal Copyright2 Bismuth Ingot 99.99%min Delivered America 3
3.3.Asian Metal Copyright36% MoM in Nov 2022 5 7 Market Outlook for Next Month 5 7.Asian Metal Copyright3 Bismuth ingot 99.99%min Delivered India 3
4 Company News 3
4.1 VITAL completes acquisition of 5N Plus Belgium 3
4.2 Chenzhou Gaoxing to reduce bismuth ingot output 3
5 Producers Statistics 4
5.1 AM Stats: Chinese bismuth ingot producers' operating rate up by 19.49% YoY in Dec 2022 4
5.2 AM Stats: Chinese bismuth ingot producers' output up by 65.63% YoY in Dec 2022 4
5.3 AM Stats: Chinese bismuth ingot producers' inventory up by 21.98% MoM in late Dec 2022 4
6 Export Statistics 5
6.1 China's exports of bismuth ingot down by 43.36% MoM in Nov 2022 5
7 Market Outlook for Next Month 5
7.1 Chinese bismuth ingot 99.99%min prices EXW 5
7.2 Chinese bismuth oxide 99.9%min EXW prices 5
7.3 Chinese bismuth ingot 99.99%min FOB China 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 indium ingot 99.995%min price trend from 2022-11-01 to 2022-12-31 (RMB/kg) 2
Graph 1 Chinese bismuth ingot 99.99%min price trend from 2022-11-01 to 2022-12-31 (RMB/t) 2
Graph 2 Chinese bismuth Oxide 99.9%min price trend from 2022-11-01 to 2022-12-31 (RMB/t) 2
Graph 3 Chinese bismuth ingot 99.99%min FOB price trend from 2022-11-01 to 2022-12-31 (USD/lb) 3
Graph 4 European bismuth ingot 99.99%min price trend from 2022-11-01 to 2022-12-31 (USD/lb) 3
Graph 5 American bismuth ingot 99.99%min price trend from 2022-11-01 to 2022-12-31 (USD/lb) 3
Graph 6 Indian bismuth ingot 99.99%min price trend from 2022-11-01 to 2022-12-31 (INR/kg) 3
Graph 7 Chinese bismuth ingot producers' operating rate from 2021-12 to 2022-12 (%) 4
Graph 8 Chinese bismuth ingot producers' operating rate by province from 2021-12 to 2022-12 (%) 4
Graph 9 Chinese bismuth ingot producers' monthly output from 2021-12 to 2022-12 (t) 4
Graph 10 Chinese bismuth ingot producers' monthly output from 2021-12 to 2022-12 by province (t) 4
Graph 11 Chinese bismuth ingot producers' inventory by month from 2021-12 to 2022-12 (t) 4
Graph 12 Chinese bismuth ingot producers' inventory by month and province from 2021-12 to 2022-12 (t) 5

Table

Table 1 Chinese bismuth ingot producers' operating rate by province from 2021-12 to 2022-12 4
Table 2 Chinese bismuth ingot producers' monthly output from 2021-12 to 2022-12 by province (t) 4
Table 3 Chinese bismuth ingot producers' inventory by month and province from 2021-12 to 2022-12 (t) 5
Table 4 Top seven bismuth ingot export destinations for China in Nov 2022 (kg) 5


.Asian Metal Copyright1 Indium ingot 99Asian Metal Copyright