Chinese cadmium ingot market inactive

BEIJING (Asian Metal) 26 Apr 24 - Chinese cadmium ingot market sees inactive inquiries over the past week given that most consumers finished their replenishment last week.Asian Metal Copyright99%min would slide further in the following days as most downstream consumers hold back from purchasing.Asian Metal Copyright Some suppliers move down their prices to compete for orders.Asian Metal Copyright They hold no stocks now, unchanged from the end of last month.Asian Metal Copyright Currently, the mainstream prices of Chinese cadmium ingot 99.99%min slide to RMB33,700-34,200/t (USD2.Asian Metal Copyright03lb from one week ago.Asian Metal Copyright11-2.14/lb) EXW D/P, down by RMB500/t (USD0.03/lb) from one week ago.Asian Metal CopyrightCurrently, the mainstream prices of Chinese cadmium ingot 99.Asian Metal Copyright Market participants forecast that the prevailing prices of Chinese cadmium ingot 99.Asian Metal Copyright13lb EXW DP presently, while they have no intention to sell at prices lower than RMB34,500t USD2.Asian Metal Copyright99%min would slide further in the following days as most downstream consumers hold back from purchasing.

A producer in Hunan reveals that they receive only 2-3 inquiries for cadmium ingot 99.99%min over the past week, while they got 7-8 inquiries last week. They quote RMB34,000/t (USD2.12/lb) EXW D/P today and could accept the price as low as RMB33,500/t (USD2.09/lb) today, while they refused to sell at prices lower than RMB34,000/t (USD2.16/lb) late last week.Asian Metal CopyrightBEIJING Asian Metal 26 Apr 24 - Chinese cadmium ingot market sees inactive inquiries over the past week given that most consumers finished their replenishment last week.Asian Metal Copyright "Given that the buyers begin to hold back from purchasing, we forecast that the Chinese cadmium ingot 99.Asian Metal Copyright They refuse to accept prices lower than RMB34,000t USD2.Asian Metal Copyright99%min market would go soft in the upcoming days", said the producer. They just sold 33t at RMB33,500/t (USD2.09/lb) yesterday.

The producer, with a production capacity of 1,800tpy of cadmium ingot 99.99%min, expects to produce around 100t this month, the same as March.Asian Metal Copyright11-2.Asian Metal Copyright They hold no inventory now, down by 30t from the end of last month.Asian Metal Copyright99%min, expects to produce around 100t this month, the same as March.Asian Metal Copyright They produced around 180t so far in 2024.

Another producer in Yunnan discloses that they fail to get any inquiry for cadmium ingot 99.99%min this week, while they got at least 3 inquiries last week. They refuse to accept prices lower than RMB34,000/t (USD2.13/lb) EXW D/P presently, while they have no intention to sell at prices lower than RMB34,500/t (USD2.16/lb) one week ago. They last sold 33t at RMB35,000/t (USD2.20/lb) early last week.Asian Metal Copyright99%min market would go soft in the upcoming days", said the producer.Asian Metal Copyright "Most downstream clients have finished their replenishment and stay in no hurry to place orders", said the producer.Asian Metal Copyright They produced around 180t so far in 2024.Asian Metal Copyright They forecast that the mainstream prices of Chinese cadmium ingot 99.Asian Metal Copyright Another producer in Yunnan discloses that they fail to get any inquiry for cadmium ingot 99.Asian Metal Copyright99%min would witness a downtrend in the forthcoming week as the downstream hold watchful attitudes.

The producer, having a production capacity of 1,800tpy of cadmium ingot 99.99%min, estimates to produce about 66 in April, the same as last month.Asian Metal Copyright The producer, having a production capacity of 1,800tpy of cadmium ingot 99.Asian Metal Copyright They hold no stocks now, unchanged from the end of last month.Asian Metal Copyright99%min would slide further in the following days as most downstream consumers hold back from purchasing.Asian Metal Copyright They produced around 200t so fat in 2024 and about 520t in 2023.
.Asian Metal Copyright09lb yesterdayAsian Metal Copyright