Cadmium Market Report January 2016

The demand for cadmium ingot was relatively stable in the Chinese market in January 2016. Because the price for cadmium ingot increased in the overseas markets, the quotation for the imported cadmium rod increased to be more than RMB10,000/t (USD0.69/lb) again in China and the price for cadmium ingot went up slightly.Asian Metal Copyright69lb again in China and the price for cadmium ingot went up slightly.Asian Metal Copyright In spite of this, the demand for cadmium ingot didn’t improve in the domestic market as most plants had stocked up sufficient materials before the Spring Festival and were reluctant to refill stocks.Asian Metal Copyright Affected by the Spring Festival holiday, Chinese cadmium ingot market will see limited transactions in early February and market participants will mainly hold a wait-and-see attitude towards the future market in late February.Asian Metal Copyright Moreover, the approaching of the Spring Festival also caused Chinese cadmium ingot market to weaken further.Asian Metal Copyright Moreover, the approaching of the Spring Festival also caused Chinese cadmium ingot market to weaken further.Asian Metal Copyright Affected by the Spring Festival holiday, Chinese cadmium ingot market will see limited transactions in early February and market participants will mainly hold a wait-and-see attitude towards the future market in late February.Asian Metal Copyright69lb again in China and the price for cadmium ingot went up slightly.Asian Metal Copyright Therefore, it is expected that the price for Chinese cadmium ingot won’t change substantially next month.
.Asian Metal Copyright69lb again in China and the price for cadmium ingot went up slightlyAsian Metal Copyright