Cadmium Ingot Market Report February 2014
2014-03-31 20:53:02 【Print】
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The cadmium ingot market saw few deals after the Spring Festival holiday (Jan
. 30th – Feb . 6th) . As both buyers and sellers just came back from the long holiday and held watchful attitude toward the future market . Suppliers’ stock kept increasing, and the capital turnover pressure became obvious, so they started to lower their prices to attract orders . Till the end of the month, the prices for cadmium ingot 99 . 99%min and 99.995%min respectively declined by RMB300/t (USD48/t) to RMB15,700-16,200/t (USD2,532-2,613/t) and RMB16,700/t (USD2,694/t) ex works, and the price for cadmium oxide dropped by RMB500/t (USD81/t) to RMB19,500/t (USD3,305/t) accordingly .