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Chinese bismuth prices soar on demand, supply disruptions
August 04, 2014 - 12:07 GMT
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...
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Euromoney Institutional Investor PLC.
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