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Bismuth inches higher on bullish Chinese sales

June 01, 2011 - 13:32 GMT Location: London

KEYWORDS: Bismuth , China , producers , Dragon , Boat , festival , Europe , sales

Bismuth edged higher on Wednesday as Chinese producers made stronger sales to consumers booking smaller lots of material ahead of the Dragon Boat Festival

MB Rotterdam-basis bismuth rose to $11.4-$12.3 per lb on Wednesday, from $11.3-$12.3 per lb previously. Chinese producers are continuing to raise their offers both domestically and for export, but the volume of business is falling ahead of the Dragon Boat Festival on...

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