Home / Metal News / Bismuth prices have fallen steadily this week, trading is still weak-SMM Bismuth spot Weekly report (2019.08.12 to 2019.08.16)

Bismuth prices have fallen steadily this week, trading is still weak-SMM Bismuth spot Weekly report (2019.08.12 to 2019.08.16)

iconAug 16, 2019 16:28

SMM, Aug. 16 / PRNewswire-Asianet /-

Market summary: bismuth market prices remain stable this week, but due to the market trading activity is still weak, so the actual transaction price concentration gradually concentrated below the price range, the second half of the low-price resources shipment began to increase, the market transaction price lower limit has been slightly broken through. Demand side whether speculative capital or end consumption this week is still light, downstream buying is poor, market speculation is still the main force of demand. By the end of the week, the transaction price of SMM bismuth ingot was 41500-42500 yuan / ton, which was 250 yuan / ton lower than that of last week.

Bismuth ingots this week some major brand manufacturers began to lower the shipping price, and even some manufacturers reduced the offer to 41500 yuan / ton, and can have a certain amount of room to float. The middleman's willingness to ship is still stronger than the manufacturer's. From the performance of the transaction price of the mainstream brand, the actual position of the market is still between 41500 and 42500 yuan / ton. In addition to special circumstances, the transaction of more than 42500 yuan / ton is very difficult, and the purchase price of terminal demand is even lower. Although this week the market also has some less than 41500 yuan / ton transaction price, but because the volume is small and the brand is complex, temporarily can not represent the market mainstream transaction.

"View the historical price of SMM exclusive bismuth

This week, the external sales plan and specific pricing of Shizhuyuan antimony concentrate next month have begun to be negotiated. In addition, there have been a lot of positive or negative rumors in the recent market. In particular, the news that Pan Asia began to publicly auction antimony and rare earths has spread. As a result, the bismuth market, which has been consolidated for more than half a month, has begun to appear a lot of different voices.

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