Market Sources: Several Recent Metal Tenders by Nandan County South China Nonferrous Were Successfully Concluded [SMM Report]

Published: Mar 9, 2026 14:12

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SMM, March 9: According to multiple sources from the market, South China Nonferrous recently conducted large-scale tenders for several of its metal products, including substantial volumes of bismuth ingots, cadmium ingots, and indium ingots. The information indicated that the final results were all successfully concluded. At present, according to official information, these metal tenders have indeed smoothly entered the delivery stage, but the authorities are currently unwilling to disclose the specific transaction prices. However, many market participants said that the transaction prices of these metals were close to the market spot prices. Considering such large volumes, this outcome indeed indicates robust trading interest in these metal markets. After the Chinese New Year, end-use demand has also begun to enter an active stockpiling phase. In addition to end-users, market forces including trade and speculation have also been actively taking action; therefore, the market’s recent price trend has been relatively firm.

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.

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