SMM April 11 Report: Bismuth Market Prices Decline with Subdued Trading Activity

Published: Apr 11, 2025 13:55
SMM April 11 Report: This week witnessed a downward trend in bismuth market prices with noticeably subdued trading activity. Producers have begun lowering offer prices while expanding negotiation flexibility. Transaction data indicates a pronounced decline in realized bismuth prices. As of week-end, SMM reports mainstream bismuth ingot prices at RMB 145,000-147,000 per metric ton.Market speculation has essentially stagnated, with previous long positions liquidating and adopting a wait-and-see stance. Nevertheless, industry participants maintain cautious optimism towards the traditional peak season typically observed in May.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Analysis] Domestic Weakness Meets Overseas Strength, Scrap Tungsten Drags on Sentiment
6 mins ago
[SMM Analysis] Domestic Weakness Meets Overseas Strength, Scrap Tungsten Drags on Sentiment
Read More
[SMM Analysis] Domestic Weakness Meets Overseas Strength, Scrap Tungsten Drags on Sentiment
[SMM Analysis] Domestic Weakness Meets Overseas Strength, Scrap Tungsten Drags on Sentiment
This week, the tungsten market showed a divergent trend with mild corrections in domestic prices and a contrarian rise in overseas APT prices. Domestic tungsten concentrate and midstream product prices remained relatively firm, while scrap tungsten prices dropped sharply as profit-taking emerged. Supported by a tight supply-demand balance, overseas markets strengthened, further widening the price gap between domestic and international markets.
6 mins ago
Baiyin Nonferrous to Sell 33 Tons of Crude Selenium via Bidding, Floor Premium at RMB 5,000/ton
6 hours ago
Baiyin Nonferrous to Sell 33 Tons of Crude Selenium via Bidding, Floor Premium at RMB 5,000/ton
Read More
Baiyin Nonferrous to Sell 33 Tons of Crude Selenium via Bidding, Floor Premium at RMB 5,000/ton
Baiyin Nonferrous to Sell 33 Tons of Crude Selenium via Bidding, Floor Premium at RMB 5,000/ton
SMM March 27 News: According to an official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tons of crude selenium through a bidding process, where participants will bid on the premium/discount price. The floor premium is set at RMB 5,000/ton. The bidding will proceed only if at least three companies register. The registration deadline is 5:00 PM on March 30, 2026, and the bidding will begin at 3:00 PM on March 31, 2026. Given that recent crude selenium bidding tenders have seen strong transaction prices, market participants expect the outcome of this premium bidding to be noteworthy.
6 hours ago
Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]
6 hours ago
Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]
Read More
Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]
Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]
6 hours ago
SMM April 11 Report: This week witnessed a downward trend in bismuth m - Shanghai Metals Market (SMM)