SMM, 18 October:
Market summary: bismuth prices rose slightly this week, especially in the second half of the week, although the market trading activity has not changed much, terminal demand is still mainly small single procurement, middlemen speculative purchase cautious, but the supplier is still willing to sell high prices, although supply and demand is not prosperous, but the low price resources disappear, the market transaction price center of gravity slightly higher. By the end of the week, the mainstream transaction price of SMM bismuth ingots was 40000-41000 yuan / ton, up 500 yuan / ton from last week.
From the specific point of view of the major manufacturers in the market, the stock of bismuth ingots in the factory is not high, and even partly due to the problems of raw material supply, the inventory in the factory is low. In particular, some of the original impact on the market of small factory resources, but also tight inventory, small factory resources are basically difficult to buy at a low price. Therefore, the manufacturers also have the confidence to less than 40000 yuan / ton shipping price began to maintain a can not adhere to the attitude. However, from this week's manufacturer shipment price situation or concentrated in 40500 yuan / ton, and each manufacturer sales strategy is also different. Some are firmly overstated and cherish the sale, while others begin to cherish the sale and wait and see after a large number of shipments have returned funds at a price of about 40500 yuan / ton. But at least uniformly, in addition to supplying downstream customers, the attitude towards middlemen and speculative funds has become tough, trying to take the initiative in their own hands. This also affected many of the market holdings of middlemen and speculative forces, but also began to look bullish.
"View the exclusive historical price of bismuth in SMM
Due to the recent pan-Asian public auction and action, gallium germanium selenium tellurium public auction began, the psychological impact on the bismuth market is greater, its own market has pan-bismuth October auction rumors, which makes its own wait-and-see market more fog.
![[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies](https://imgqn.smm.cn/usercenter/HBsPu20251217171723.jpeg)
