Huludao Zinc Industry halts cadmium ingot production

BEIJING (Asian Metal) 10 Mar 21 - One of major Chinese cadmium ingot 99.Asian Metal Copyright They hold about 160t of stocks now, up by about 40t from the end of January.Asian Metal Copyright99%min producers, Huludao Zinc Industry Co.Asian Metal Copyright99%min production since 1th March and plan to halted it for around one month.Asian Metal Copyright halted cadmium ingot 99.Asian Metal Copyright .Asian Metal Copyright99%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.Asian Metal Copyright16-1.Asian Metal Copyright" 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.Asian Metal Copyright16-1.Asian Metal Copyright 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.Asian Metal Copyright99%min producers, Huludao Zinc Industry Co.Asian Metal Copyright16-1.20/lb) EXW D/P, up by RMB200/t (USD0.01/lb) from late last week.Asian Metal CopyrightBEIJING Asian Metal 10 Mar 21 - One of major Chinese cadmium ingot 99.Asian Metal Copyright The market runs smoothly presently and most downstream consumers purchased by orders.

.Asian Metal Copyright The producer, based on a production capacity of 1,200tpy of cadmium ingot 99Asian Metal Copyright