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Bismuth prices continue to rally; indium market pauses

February 13, 2014 - 12:53 GMT Location: London

KEYWORDS: bismuth , indium , Fanya metal exchange , China

Bismuth prices rose this week as China came back strongly after the Chinese New Year holiday, while the indium market paused as tight supply made offers hard to come by, sources said.

In-warehouse Rotterdam bismuth prices rose to $9.60-10.10 per lb on Wednesday February 12, from $9.40-10.00 last Friday.  Offer prices for bismuth from China and other major suppliers have risen, driven by speculative interest on the Fanya exchange, although trader profit taking has kept prices from rising more quickly. "There are some traders who have bought some small amounts and are hoping to make it a profit so are selling a bit lower," a minor metals processor said. But as investors add bismuth stocks to the...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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