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Chinese bismuth prices soar on demand, supply disruptions

August 04, 2014 - 12:07 GMT Location: Shanghai

KEYWORDS: bismuth prices , Fanya

Bismuth prices in China soared last week on production disruptions and robust exchange-driven demand, according to sources.

Metal Bulletin bismuth prices in China were 151,000-153,000 yuan per tonne ($11-11.2 per lb) on Friday August 1, from 150,000-152,000 yuan in the previous assessment when prices had hit a near three-year high. Supply disruption Companies in Hunan are facing a raw materials shortage as a result of greater scrutiny over adherence to environmental norms, leaving the market staring at the worst supply disruption in recent years, market participants said. "We are facing the toughest environmental regulations in years, especially...

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

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