SMM June 19 News: According to market rumors, a company in Hunan successfully closed the final bidding for 700 mt of bismuth concentrate in June 2025. This batch of 700 mt of bismuth concentrate is currently stored at the warehousing center of Hunan Shizhuyuan Nonferrous Metals Co., Ltd. According to official sources, after just one round of bidding, the rumors suggest that a buyer from the north directly purchased the entire lot. The final average winning bid price was around 139,500 yuan/mt (metal content), significantly higher than the base price of the tender. Such a tender result took the market by surprise. Some market participants stated that this auction price also indicates that producers remain relatively optimistic about the future market. In this case, it undoubtedly adds some confidence to the refined bismuth market.
