Chinese cadmium ingot prices increase

BEIJING (Asian Metal) 26 Mar 24 - Most Chinese cadmium ingot suppliers moved up their prices to test the market over the past week, while the downstream purchased from hand to mouth with cautious attitudes.Asian Metal Copyright "We last sold 33t at RMB32,000t USD2.Asian Metal Copyright Currently, the mainstream prices of Chinese cadmium ingot 99.99%min increased to RMB32,300-32,800/t (USD2.Asian Metal Copyright They sold around 1,000t in 2023 and around 240t so far in 2023.Asian Metal Copyright02-2.05/lb) EXW D/P, up by RMB500/t (USD0.05/lb) from early last week.Asian Metal Copyright "We last purchased 33t at RMB32,500t USD2.Asian Metal Copyright Insiders believed that the prevailing prices of Chinese cadmium ingot 99.Asian Metal CopyrightBEIJING Asian Metal 26 Mar 24 -Most Chinese cadmium ingot suppliers moved up their prices to test the market over the past week, while the downstream purchased from hand to mouth with cautious attitudes.Asian Metal Copyright99%min would increase in the upcoming days as most producers intended to raise prices due to limited stocks.

A trader in South China mentioned that they that they refused to sell cadmium ingot 99.99%min at prices lower than RMB32,800/t (USD2.05/lb) EXW D/P at present, while they considered selling at RMB32,000/t (USD2.00/lb) one week ago. "We last sold 33t at RMB32,000/t (USD2.00/lb) early last week", said the trader.Asian Metal Copyright04lb late last week", said the trader.Asian Metal Copyright Given that most producers lifted their prices due to limited stocks, they intended to raise their price further and forecasted that the mainstream prices of Chinese cadmium ingot 99.Asian Metal Copyright A trader in South China mentioned that they that they refused to sell cadmium ingot 99.Asian Metal Copyright99%min still had room to go up in the forthcoming week.

The trader, based on a regular monthly trading volume of 100t of cadmium ingot 99.99%min, holds 66t of stocks now, down by about 60t from the end of last month.Asian Metal Copyright99%min still had room to go up in the forthcoming week.Asian Metal Copyright They expected to sell around 100t in March, in line with last month.Asian Metal Copyright Given that most producers lifted their prices due to limited stocks, they intended to raise their price further and forecasted that the mainstream prices of Chinese cadmium ingot 99.Asian Metal Copyright They sold around 1,000t in 2023 and around 240t so far in 2023.

Another trader in North China mentioned that they that their regular suppliers quoted RMB32,500/t (USD2.04/lb) EXW D/P for cadmium ingot 99.99%min and refused to give any concession at present, while they could purchase at the price as low as RMB32,000/t (USD2.00/lb) one week ago. "We last purchased 33t at RMB32,500/t (USD2.04/lb) late last week", said the trader.Asian Metal Copyright00lb early last week", said the trader.Asian Metal Copyright Given that most suppliers had no stocks for selling, they forecasted that the mainstream prices of Chinese cadmium ingot 99.Asian Metal Copyright99%min, holds 66t of stocks now, down by about 60t from the end of last month.Asian Metal Copyright99%min would show a uptrend in the forthcoming week.

The trader, having a regular monthly trading volume of 30t of cadmium ingot 99.99%min, expected to sell around 30t this month, without much change from last month.Asian Metal Copyright99%min still had room to go up in the forthcoming week.Asian Metal Copyright They hold around 30t of stocks now, unchanged from late last month.
.Asian Metal Copyright Another trader in North China mentioned that they that their regular suppliers quoted RMB32,500t USD2Asian Metal Copyright