Bismuth prices were under pressure in Europe in the week ended Friday October 12, with prices reaching their lowest level so far this year on surplus production and weak demand.
Fastmarkets MB assessed the European bismuth price at $3.90-4.40 per lb on Friday October 12, down by $1.20 on the low end of the range from Wednesday's assessment. Abundant supply and a lack of sufficient demand to absorb the excess material are weighing on the bismuth market, sources said. Some market participants assessed prices at around $4.30 per lb, but significant transactions below $4 per...