A company in Hunan bid today for 1,000 mt of bismuth concentrates for March delivery [SMM Bismuth Market Tracking Report].

[SMM Bismuth Market Tracking Report: A Company in Hunan Opened Bidding for 1,000 mt of Bismuth Concentrate in March] SMM, March 4: According to official information from a company in Hunan, bidding for 1,000 mt of bismuth concentrate (March 2025) began today. The bidding process will end at 10:00 a.m. on March 6, and the settlement quantity will be based on the actual on-site weighing. This batch of 1,000 mt of bismuth concentrate is currently stored at the company's warehousing center. According to official information, the bidding will be conducted in two sessions, with each session offering 500 mt. The settlement quantity will be determined based on on-site sampling and weighing. The starting price for this auction is 90,000 yuan/mt (metal content), and bids below 90,000 yuan/mt (metal content) will be considered invalid. Although the bidding price is not low and the bidding period is only two days, market participants speculate that the probability of a successful transaction is relatively high.