Huludao Zinc Industry delays cadmium ingot production
2024-03-21 08:05:05 [Print]
BEIJING (Asian Metal) 21 Mar 24 - One of major cadmium ingot 99
The source said, "We halted cadmium ingot 99.99%min production since mid November last year due to limited raw materials and still had no enough inventory to resume the production" . They held no stocks for selling now.
The producer, based on a production capacity of 1,800tpy of cadmium ingot 99.99%min, produced almost 300t totally in 2022 and about 170t in 2023.
Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increased to RMB31,800-32,300/t (USD2 . 01-2.04/lb) EXW D/P, up by RMB500/t (USD0.03/lb) from one week ago . Market participants forecast that the prevailing prices of Chinese cadmium ingot 99 . 99%min would increased further in the following days as most suppliers intended to raise prices due to limited stocks.
. 99%min producers in northern China, Huludao Zinc Industry Co . Delayed the resumption of cadmium ingot 99 . 99%min production to early May, the source from the company disclosed to Asian Metal.
The source said, "We halted cadmium ingot 99.99%min production since mid November last year due to limited raw materials and still had no enough inventory to resume the production" . They held no stocks for selling now.
The producer, based on a production capacity of 1,800tpy of cadmium ingot 99.99%min, produced almost 300t totally in 2022 and about 170t in 2023.
Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increased to RMB31,800-32,300/t (USD2 . 01-2.04/lb) EXW D/P, up by RMB500/t (USD0.03/lb) from one week ago . Market participants forecast that the prevailing prices of Chinese cadmium ingot 99 . 99%min would increased further in the following days as most suppliers intended to raise prices due to limited stocks.