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

Published: Mar 4, 2025 12:49

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[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.

SMM, March 4: According to official information from a company in Hunan, starting today, bidding sales for 1,000 mt of bismuth concentrate (physical quantity) for March 2025 have commenced. The bidding will conclude at 10:00 a.m. on the 6th of this month, with the settlement quantity 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, each offering 500 mt (physical quantity). The settlement quantity will be determined based on on-site sampling and weighing. The starting bid price for this project is 90,000 yuan/mt (metal content), and any bid below 90,000 yuan/mt (metal content) will be deemed invalid. Currently, 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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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