LONDON – During the period of 2011 – 2016 global bismuth production is anticipated to grow at an average rate of 3.8% per year. The volume will amplify from 8 thousand t to 9.5 thousand t. Refinery production is projected to grow at an average rate of 3.5% per year during 2011-2016 and the volume here will boost from 14 thousand t to 17 thousand t.
Global bismuth reserves have been increased owing to the development of new technologies in China. Therefore, in spite of large growth of world demand, supplies from China can be counted on to keep the bismuth market stable. However, high bismuth demand resulted into fast price growth for this metal. Bismuth prices continued to rise as consumers in Europe agreed to higher offers from China. The prices increased to $11-$11.60 per lb, from $10.90-11.50 per lb at the end of March.
Detailed review and forecast on global, regional and country markets of bismuth can be found in the new market research report “Bismuth Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing bismuth capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Report Details:
Bismuth Market Review
Published: May, 2011
Pages: 50
The report also indicates a wealth of information on bismuth producers and suppliers, covers bismuth production in the respective country, major bismuth producers, bismuth consumption in the country market, bismuth trade in the country, bismuth prices. Bismuth market forecast for next five years, including market volumes and prices is also provided.
Monthly report updates for “Bismuth Market Review” are available at //mcgroup.co.uk/periodicals/monthly