China's Bismuth Trioxide Exports Rise Significantly for Two Consecutive Months 【SMM Data】

According to customs data, China's bismuth trioxide exports in November 2025 reached 720.17 tons, compared to 610.02 tons in October and 411.4 tons in September, marking a significant month-on-month increase for two consecutive months. Market participants noted that, based on the overall export trend, monthly domestic bismuth trioxide exports have largely returned to normal levels over the past two months. Exports in October and November once again exceeded 500 tons, indicating a clear and growing willingness among bismuth trioxide producers to export. Many industry observers pointed out that the recent increase in bismuth trioxide exports aligns reasonably with the ongoing rise in domestic bismuth prices, and it is highly likely that exports will continue to grow in December.