Cadmium Market Report January 2017
2017-02-15 16:57:28 【Print】
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With the approaching of the Spring Festival holiday, domestic cadmium ingot producers prepared for production suspension successively during January, consumers generally rebuilt abundant stocks previously, and suppliers were reluctant to sell at lower prices; the spot market was relatively quiet with stable prices
. As for downstream demand, cadmium alloy producers in Yiwu were still the main consuming strength, and cadmium oxide and chemical producers purchased cautiously from hand to mouth with uncertainties in production affected by the environmental protection . Producers will resume production next month when the festival is over, and it is anticipated that the market will see improvement in transactions after the Lantern Festival.