SMM June 19 News: According to market rumors, a company in Hunan successfully concluded the final bidding for 700 mt of bismuth concentrate in June 2025. This batch of 700 mt of bismuth concentrate is currently stored at the warehousing center of Hunan Shizhuyuan Nonferrous Metals Co., Ltd. According to official sources, after just one round of bidding, rumors suggest that it was directly purchased in full by a buyer from the north. The final average winning bid price was around 139,500 yuan/mt (metal content), significantly higher than the tender's base price. Such a tender result was unexpected by the market. Some market participants stated that this auction price also indicates that producers remain relatively optimistic about the future market. This, in turn, undoubtedly boosted some confidence in the refined bismuth market.