SMM, May 24 / PRNewswire-Asianet /-
Market summary: this week bismuth ingot market is still difficult to pick up, exporters overseas inquiry intention is insufficient, purchase intention is not good. Domestic downstream end users are still bearish on the market, there is no positive inquiry atmosphere. While the production suppliers in the downturn in the situation of negative performance, the actual transaction within the week is not much, still showing a price of no market, to the weekend SMM bismuth ingot transaction price of 42000-43500 yuan / ton, the average price down 43500 yuan / ton compared with last week.
Manufacturer dynamic: the small factory bismuth ingots that suppress the price within the week have converged, tentatively falling to such a low price has not released more demand, and the mainstream production enterprises are also unwilling to blindly fight a price war to meet the downstream, so the initiative to quote within the week has been reduced. Of course, weak consumption is also an indisputable fact, the manufacturer said that the order to negotiate the price to strive for a deal, the price has room to negotiate.
Downstream market: both overseas and domestic, bismuth ingot downstream long order to maintain supply and delivery. But in the falling market, the terminal still does not have the initiative to buy the market, the exporter also expects the lower price purchase, in order to control the cost not to lose money, so wait-and-see mentality aggravates. And traders hold high inventory prices, but also want to replenish goods at a low price to dilute the cost, now hands-on ability to weaken, waiting for the arrival of safe areas, the overall trading within the week is scarce, price performance is weak.
At the end of next week, trading volume will weaken, bismuth prices will also have the possibility of negative decline.
