A company in Hunan is bidding for 1000 tons of bismuth concentrate in April today. [SMM Bismuth Market Tracking Report]

Published: Apr 14, 2025 15:53

Save

A company in Hunan is bidding for 1000 tons of bismuth concentrate in April today

SMM News, April 14: According to official sources from a Hunan-based company, the firm has initiated a competitive bidding process for 1,000 physical tons of bismuth concentrate to be delivered in April 2025.
Key Details:

Bidding Deadline: 10:30 AM on April 15 (Beijing Time).
Quality Specifications:
- Bi: 18-45% (exclusive of 45%),
- H<sub>2</sub>O: 15-25%,
- Ag: 200-600 g/t,
- Au: ~1.5 g/t.
Settlement Quantity: Based on on-site weighing results.

Auction Structure:

The 1,000 physical tons (currently stored at the company’s warehouse) will be split into two lots of 500 physical tons each.
Final settlement quantities will be determined by post-auction sampling and weighing.

Pricing Rules:

Reserve Price: CNY 128,000 per metric ton of metal content (bids below this threshold will be invalid).

Market Outlook: Despite the short bidding window (two days) and relatively high reserve price, industry analysts suggest a high likelihood of successful transactions, reflecting strong demand for bismuth in specialty alloys and chemical applications.

Bismuth price

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 hours ago

A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.

[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.

6 hours ago

Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026

[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.

6 hours ago

Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up

Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.

6 hours ago