Core Viewpoint - Bismuth prices are rapidly increasing due to China's export controls, which have led to a significant supply shortage in the market, particularly affecting the electronics and medical industries [1][3]. Group 1: Price Increase and Supply Control - Bismuth prices in Europe have surged to approximately $45 per pound, up from just over $6 in late January, marking a sevenfold increase [1][3]. - China's share in global bismuth production is 81%, and the country has implemented export controls that resulted in zero exports of unprocessed bismuth in March [3]. - The export control measures were initiated as a response to U.S. tariffs, with a reported 80% decrease in unprocessed bismuth exports in February compared to the previous month [3]. Group 2: Market Reactions and Alternatives - The market is currently relying on existing inventories to meet demand, and there are discussions about sourcing bismuth from countries outside of China to mitigate supply risks [3]. - Japan, which accounts for 3% of global bismuth production, is considering increasing its output to satisfy demand [3]. Group 3: Broader Export Control Trends - China is tightening export controls on various critical minerals, including gallium and germanium, with plans to extend these measures to antimony and certain rare earths in the coming years [4]. - The tightening of export controls is raising concerns among market participants about potential rapid price increases for related resources [4]. Group 4: Bismuth in Other Applications - Bismuth is also popular in the mineral collecting community due to its unique crystallization properties and rainbow-like appearance when heated and cooled [5]. - There is a growing interest in home-based bismuth crystal production, with materials available for purchase online, although current prices for ornamental bismuth have not yet increased [6].
中国限制出口后,稀有金属铋价格3个月涨至7倍
日经中文网·2025-05-16 05:11