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.

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.

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.

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.

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.

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.

SMM March 13 News: According to comprehensive information from various market sources, Southern Nonferrous Metals recently held a tender for 200 tons of bismuth ingots. Reliable market sources indicate that the tender was successfully concluded and has already proceeded smoothly to the delivery stage. Based on current credible market information, the transaction price is approximately 160,000 yuan per ton. Market insiders noted that the transaction price is close to the spot market price. Considering the large volume involved, this outcome indeed reflects strong buying interest in the market.

SMM News, March 11: According to the official announcement from Nandan County Nanfang Nonferrous Metals Co., Ltd., a public tender for 147 mt of refined bismuth ingots began today, with a specification of 99.99%; implementation standard: GB/T915-2010. The settlement method was payment before delivery. The payment schedule required a prepayment deposit equal to 10% of the total cargo value within two working days after winning the bid, with the remaining balance to be paid in full within two working days after the contract was signed. For this tender, quotes currently needed to be submitted directly on the platform. Users could search for the "Nanfang Nonferrous Metals Group" official account on WeChat, log in to the Nanfang Nonferrous Bulk Materials Sales Platform → User Login → and submit a quotation. The deadline for this quotation was 15:00 on March 12, 2026. No reserve price was set for this bidding sale. If the bidding price deviated significantly from market transaction levels, Nandan County Nanfang Nonferrous Metals Co., Ltd. reserved the right to cancel the bidding. This tender was expected to test the trading activity of the bismuth ingot market, and SMM would continue to follow and report on it.

SMM March 11 News: According to official sources from Nandan County Southern Nonferrous Metals Co., Ltd., the company will publicly tender for 147 tons of bismuth ingots starting today. Specifications: 99.99%; Implementation standard: GB/T915-2010. The deadline for this quotation is: 15:00 on March 12, 2026. This competitive bidding sales will not have a reserve price.

SMM March 2nd News: According to official information from Nandan County Nonferrous Metals Co., Ltd., an open tender for 300 tons of bismuth metal ingots will begin today. Specifications: 99.99%; Standard implemented: GB/T915-2010. The deadline for this quotation is 16:00 on March 3, 2026. There is no minimum price set for this competitive sales tender. If the bidding price deviates significantly from market transaction prices, Nandan County Nonferrous Metals Co., Ltd. reserves the right to cancel this tender. This tender will help test the trading activity of bismuth ingots in the market. SMM will provide follow-up coverage.