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Bismuth rises again, defying summer slowdown

June 16, 2011 - 13:35 GMT Location: London

KEYWORDS: bismuth , rally , China , consumer , buying , minor metals

Bismuth rose again on Wednesday supported by continued buying from strongly-positioned producers in China, defying losses seen elsewhere across minor metals markets

European free-market bismuth rose to $11.60-12.40 per lb on Wednesday from $11.50-12.30 per lb previously, continuing an unbroken rally seen since late February. The gains came as losses were seen across other minor metals, including antimony, gallium and indium, with sources reporting weaker sales and a more bearish tone in Chinese markets. A major bismuth...

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