Yunnan Chihong resumes cadmium ingot production
2023-03-17 07:49:42 [Print]
BEIJING (Asian Metal) 17 Mar 23 - One of major Chinese cadmium ingot 99
The source said, "With the enrichment of cadmium-containing materials, we resumed cadmium ingot 99.99%min production since early March, and we plan to produce around 33t totally this month . " Due to insufficient materials containing cadmium, they did not produce cadmium ingot 99 . 99%min from January to February in 2023 . They plan to solicit bids to sell about 33t of cadmium ingot 99 . 99%min at the end of this month.
The producer, with a production capacity of 1,800tpy of cadmium ingot 99.99%min, produced about 910t in 2022 and about 33t till now in 2023 . They hold around 33t of stocks now.
Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increase to RMB32,000-33,000/t (USD2 . 10-2.17/lb) EXW D/P, up by RMB800/t (USD0.05/lb) from the end of last week . The current market sees tight supply and active inquiries . Insiders forecast that the prevailing prices of Chinese cadmium ingot 99 . 99%min would show an uptrend in the coming week.
. 99%min producers, Yunnan Chihong Zinc Germanium Co . resumed cadmium ingot 99 . 99%min production since early March and expects to produce around 33t this month, a source from the company disclosed to Asian Metal.
The source said, "With the enrichment of cadmium-containing materials, we resumed cadmium ingot 99.99%min production since early March, and we plan to produce around 33t totally this month . " Due to insufficient materials containing cadmium, they did not produce cadmium ingot 99 . 99%min from January to February in 2023 . They plan to solicit bids to sell about 33t of cadmium ingot 99 . 99%min at the end of this month.
The producer, with a production capacity of 1,800tpy of cadmium ingot 99.99%min, produced about 910t in 2022 and about 33t till now in 2023 . They hold around 33t of stocks now.
Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increase to RMB32,000-33,000/t (USD2 . 10-2.17/lb) EXW D/P, up by RMB800/t (USD0.05/lb) from the end of last week . The current market sees tight supply and active inquiries . Insiders forecast that the prevailing prices of Chinese cadmium ingot 99 . 99%min would show an uptrend in the coming week.