Price
News
- Hunan Company Opens Bidding for 600 Tons of Bismuth Concentrate, Minimum Bid Set at 130,600 Yuan Per Ton
SMM, March 24: According to an official announcement from a Hunan-based company, bidding for the sale of 600 metric tons of physical bismuth concentrate from its operations for March 2026 will begin today. The deadline for bidding registration and submission is 10:00 a.m. on March 26. The minimum bid price for this auction is set at 130,600 yuan per metal ton. Bids below this threshold will be considered invalid.
Mar 24, 2026 13:02 - GRANOPT to Cut Faraday Rotator Production Due to Rare Earth Supply Delays from China
Faraday rotator supplier GRANGPT issued a statement on production cuts. The core upstream raw material for Faraday rotators is SGGG (Substituted Gadolinium Gallium Garnet), which is made from bismuth-substituted rare-earth garnet using the liquid phase epitaxy (LPE) method. Nearly all of the rare earths used by GRANOPT’s substrate supplier, SMM Precision, relied on supply from China, and the time consumed in the current acceptance process by China’s Ministry of Commerce has far exceeded expectations, so the company will gradually reduce Faraday rotator production starting in January 2026.
Mar 24, 2026 16:10 - China's Bismuth Trioxide Exports Rise to 753.74 Tons in February 2026
According to customs data, China's bismuth trioxide export volume in February 2026 reached 753.74 tons, a continued month-on-month increase compared to 677.56 tons in January 2026.
Mar 20, 2026 13:16 - China’s bismuth trioxide exports in February continued to increase compared with January [SMM Data]
According to customs data, China’s bismuth trioxide exports were 753.74 mt in February 2026, versus 677.56 mt in January 2026, continuing to increase MoM. Looking at the overall change in exports, since September 2025, China’s bismuth oxide exports had risen almost every month, indicating that bismuth oxide enterprises still had strong export willingness and demand outside China was also increasing significantly. Market participants believed that although February was affected by the relatively long Chinese New Year holiday, exports still continued to rise, so there was a strong likelihood that China’s bismuth trioxide exports would continue to increase in March.
Mar 20, 2026 13:12 - China's Bismuth Trioxide Exports Increased Significantly in January [SMM Data]
According to customs data, China’s exports of bismuth trioxide in January 2026 were 677.56 mt, versus 570.97 mt in December 2025, showing a clear MoM increase. Market participants said that, judging from the overall changes in exports, China’s bismuth oxide exports had trended upward in almost every month since September 2025, indicating that bismuth oxide enterprises still maintained strong export momentum and that demand outside China was also increasing significantly.
Mar 20, 2026 13:05 - China's Bismuth Trioxide Exports Surge in January 2026, Continuing Upward Trend Since September 2025
According to customs data, China's bismuth trioxide export volume in January 2026 stood at 677.56 tons, a significant month-on-month increase compared to 570.97 tons in December 2025. Market insiders indicate that, looking at the overall trend in export volume changes, domestic bismuth oxide exports have shown an upward trend almost every month since September 2025. This suggests that bismuth oxide enterprises currently maintain strong export momentum, while overseas demand is also growing significantly.
Mar 20, 2026 13:10
Announcements
- Price[SMM Announcement] Announcement on Updates to Secondary Refined Lead Price Standards and Methodology
Dear users, On August 29, 2025, the State Administration for Market Regulation and the Standardization Administration of China jointly issued the "Secondary Lead Ingot (GB/T 21181-2025)" (hereinafter referred to as the "new national standard"), which will officially take effect on March 1, 2026. Compared to the "Secondary Lead and Lead Alloy Ingot (GB/T 21181-2017)" (hereinafter referred to as the "old national standard"), the new national standard revised the scope. It changed from "This standard applies to secondary lead and its alloy ingots produced by smelting and processing using lead-containing scrap as raw material, mainly used in batteries, alloys, chemical industry, and other fields" to "This document applies to secondary lead ingots produced by pyrometallurgical smelting and processing using waste lead-acid batteries and recycled lead and lead alloy materials as raw materials, mainly used in lead-acid batteries, alloys, chemical industry, and other fields." Regarding secondary lead grades, the ZSPb99.994 and ZSPb99.992 secondary lead ingot grades were deleted the ZSPb99.990, ZSPb99.986, and ZSPb99.983 secondary lead ingot grades were added. Details are as follows: With the development and changes in the secondary lead industry, the actual production and use of secondary lead in the market in recent years have already diverged significantly from the old national standard. In addition to changes in the main element lead content, the bismuth (Bi) content has also undergone substantial changes. According to SMM's understanding of major producers and users of secondary lead, the distribution by bismuth content usage is as follows: enterprises using bismuth content ≤0.008% account for about 15% those using ≤0.012% account for about 60% and those using ≤0.015% account for about 25%. Furthermore, based on its price assessment methodology, SMM solicited market suggestions on the specifications for the secondary refined lead price. Market feedback recommended that the price collection standard for SMM's secondary refined lead price reference the new national standard for secondary lead, with grade ZSPb99.99 accounting for 24%, grade ZSPb99.986 for 66%, and grade ZSPb99.983 for 10%. Considering that the current actual usage in the secondary lead market covers the three grades specified in the new national standard for secondary lead, SMM will define the specifications for the national and regional prices of secondary refined lead as ZSPb99.983-99.99%, based on real market transaction conditions. The new standard will be officially implemented from January 1, 2026, serving as the reference standard for SMM's price assessments. During this period, SMM will continue to collect suggestions and feedback from all parties, closely follow changes in the lead industry chain market, and identify and optimize SMM prices to better serve the industry! For any questions regarding prices, please contact lead analyst Wenming Xia at 021-51666839. SMM Information & Technology Co., Ltd. Lead and Zinc Research Division December 25, 2025
PriceDec 25, 2025 09:41