In February 2023, the price of bismuth in the Chinese market rose slightly, driven by the increased purchase demand, brought by the resumption of production after the Lunar year and the participation of investment capital. Meanwhile, profit from the overall good performance of the minor metal market recently, the confidence of market participants in the bismuth market also increased. However, given the relatively slow recovery of the global bismuth consumption demand, It remains to be seen whether subsequent price rises can be sustained.