iconJun 14, 2024 15:30
Source:SMM
[SMM Bismuth Spot Market Weekly Review: Significant Rise in Bismuth Prices in Recent Weeks] SMM June 14th News: In recent weeks, bismuth prices have suddenly risen sharply in the market. Although fundamental factors such as the current tight supply of bismuth raw materials in the overall market and the environmental inspection team's arrival in Hunan after the May Day holiday, which has led to a decline in production and low inventory levels at many factories, have supported the rise in bismuth prices, there has been a strong sentiment of reluctance to sell. In addition, market demand is also showing a trend of continuous improvement. However, driven by speculative sentiment, bismuth prices in the market have shown a significant upward trend in recent weeks. As of this weekend, the mainstream price of SMM bismuth ingots was 82,000-85,000 yuan/ton, a significant increase compared to the previous week.
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