As manufacturer specialized in manufacturing of Antimony trioxide and Non-Halogen Flame Retardant,Since 2000, JIEFU have pioneered the manufacturing of flame retardant masterbatches in China.JIEFU initiated from custom flame retardant compounding of all commodity and engineering plastics to technologically sound production of fiame retardant masterbatches under the brand name JIEFU masterbatches.

Monday, March 10, 2008

Bismuth market keeps going up

Bismuth market keeps going up as price increase neglected consumers unhappy faces USD13-14/lb to hit a new record of around, climbing above it previous record of around USD12.50-13.50/lb.
Participants believe the price may reach around USD15/lb by next week as demand is coming and suppliers were quoting at around USD13.50/lb which left sellers in Europe no choice than to increase their own price too
A U.K trader who claimed deals at around USD14/lb, 50 cent higher than her last deal nodded to the views that price is going towards a new record of around USD15-16/lb since consumers are accepting the price and the bullish market is on for a long stay
"I have not seen signs mirroring a sinking price," said the source. "Suppliers are playing their games very well, for that reason, price may likely break through USD20/lb before sliding.
And in US, sources reported offers at above USD15/lb from Chinese suppliers and they are selling at around USD14.50/lb with one of the trader sources saying that Chinese are asking high prices which will bring about the disappearance of some consumers again from the market

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