China's Refined Bismuth Output to Drop 17% in May 2026 Amid Tight Raw Material Supply

Published: Jun 3, 2026 13:40
According to SMM's assessment, China's refined bismuth production in May 2026 is expected to decline significantly by approximately 17% month-on-month compared to April's national refined bismuth output, representing a notable decrease. Many market participants expect that as the country enters summer, the tight raw material situation at bismuth smelters nationwide will remain difficult to ease. There is a high likelihood that production will continue to be constrained, and refined bismuth output is more likely to remain stable, though a continued gradual decline cannot be ruled out.

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According to SMM's assessment, China's refined bismuth production in M - Shanghai Metals Market (SMM)