Hunan Company Opens Bidding for 600 Tons of Bismuth Concentrate, Deadline Set for April 24

SMM April 23rd News: SMM learned that Jiyuan WanYang Smelting Group Co., Ltd. has recently initiated a public tender for approximately 200 tons of bismuth ingots.

SMM, April 20: According to SMM, Baiyin Nonferrous Group's Gansu Changba Nonferrous Metals Co., Ltd. has launched an open bidding sales for approximately 130 tons of crude cadmium. According to official sources, the bidding floor price is set at an average price of SMM's #1 Cadmium minus RMB 1,650/ton, with the highest bidder winning the lot. The bidding requires at least three registered participants to proceed as scheduled. The registration deadline is 5:00 PM on April 23, 2026, and the bidding will begin at 10:00 AM on April 24, 2026. Market participants note that as cadmium prices have remained stable recently, this tender is drawing notable attention and may offer insights into the strength of market demand.

SMM reported on April 20 that according to market rumors, a major northern manufacturer's public bidding for the sale of dozens of tons of crude selenium, which had recently drawn market attention, ultimately ended in failed transactions, sources said. Market participants indicate that given the bidding results for selenium, it is understandable for buyers to adopt a wait-and-see stance temporarily after crude selenium prices rose too quickly and repeatedly hit new highs in the recent period.