According to SMM assessment, China's refined bismuth production in August 2026 is expected to edge up about 1.5% MoM from July. Market participants believe such an increase is within a reasonable range. Overall, market supply remains basically stable, and the market is waiting for the arrival of the September-October peak season.
Note: Since October 2022, SMM has published its assessed national refined bismuth production. Thanks to SMM's high coverage rate of the bismuth industry, SMM's survey covers a total of 24 refined bismuth producers across 8 provinces in China, with total sample capacity exceeding 50,000 mt and a total capacity coverage rate of over 99%.
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![September SMM assessed refined bismuth production in China is expected to decline by about 3.5% MoM [SMM data]](https://imgqn.smm.cn/usercenter/TdoSs20251217171724.jpeg)
