Cadmium Market Report December 2016

During December, owing to tight spot supply of cadmium ingot and persistently high prices for raw material, some domestic suppliers started to raise their quotations substantially, and others also followed suit to lift selling prices, which resulted in rapid rises in cadmium ingot prices.Asian Metal Copyright As consumers had completed stocking up progressively when prices moved up, coupled with the approaching of the Spring Festival holiday, the market turned quiet in late December; however, most suppliers were still reluctant to sell at lower prices; it is anticipated that prices will remain stable on the whole next month.Asian Metal Copyright As for downstream demand, cadmium alloy producers in Yiwu purchased from hand to mouth and were reluctant to purchase at relatively high prices, while chemical companies held a wait-and-see attitude towards high prices and were cautious about purchasing due to slow rises in prices for downstream products.Asian Metal CopyrightDuring December, owing to tight spot supply of cadmium ingot and persistently high prices for raw material, some domestic suppliers started to raise their quotations substantially, and others also followed suit to lift selling prices, which resulted in rapid rises in cadmium ingot prices.Asian Metal Copyright As consumers had completed stocking up progressively when prices moved up, coupled with the approaching of the Spring Festival holiday, the market turned quiet in late December; however, most suppliers were still reluctant to sell at lower prices; it is anticipated that prices will remain stable on the whole next month.
.Asian Metal Copyright As for downstream demand, cadmium alloy producers in Yiwu purchased from hand to mouth and were reluctant to purchase at relatively high prices, while chemical companies held a wait-and-see attitude towards high prices and were cautious about purchasing due to slow rises in prices for downstream productsAsian Metal Copyright