Huludao Zinc Industry halts cadmium ingot production
2021-03-10 08:24:55 [Print]
BEIJING (Asian Metal) 10 Mar 21 - One of major Chinese cadmium ingot 99
The source noted that, "Due to the equipment overhaul, we stopped producing cadmium ingot 99.99%min production since 1th March and plan to halted it for around one month . " They plan to produce about 100t during April. They hold back from selling presently as they believe that the prices would go up to RMB18,000/t (USD1.125/lb) EXW D/P in the coming week.
The producer, based on a production capacity of 1,200tpy of cadmium ingot 99.99%min, produced about 40t in February 2021 and around 850t totally in 2020 . They hold about 160t of stocks now, up by about 40t from the end of January.
Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increase to RMB16,700-17,200/t (USD1 . 16-1.20/lb) EXW D/P, up by RMB200/t (USD0.01/lb) from late last week . The market runs smoothly presently and most downstream consumers purchased by orders.
. 99%min producers, Huludao Zinc Industry Co . halted cadmium ingot 99 . 99%min production since early March due to the equipment overhaul and expects to resume the production in early April, a source from the company disclosed to Asian Metal.The source noted that, "Due to the equipment overhaul, we stopped producing cadmium ingot 99.99%min production since 1th March and plan to halted it for around one month . " They plan to produce about 100t during April. They hold back from selling presently as they believe that the prices would go up to RMB18,000/t (USD1.125/lb) EXW D/P in the coming week.
The producer, based on a production capacity of 1,200tpy of cadmium ingot 99.99%min, produced about 40t in February 2021 and around 850t totally in 2020 . They hold about 160t of stocks now, up by about 40t from the end of January.
Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increase to RMB16,700-17,200/t (USD1 . 16-1.20/lb) EXW D/P, up by RMB200/t (USD0.01/lb) from late last week . The market runs smoothly presently and most downstream consumers purchased by orders.