Huludao Zinc Industry to resume cadmium ingot production
2024-04-26 10:12:33 [Print]
BEIJING (Asian Metal) 26 Apr 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 intend to resume the production next month" . 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 slide to RMB33,700-34,200/t (USD2 . 11-2.14/lb) EXW D/P, down 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 slide further in the following days as most downstream consumers hold back from purchasing.
. 99%min producers in northern China, Huludao Zinc Industry Co . Plans to resume cadmium ingot 99 . 99%min production next month, 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 intend to resume the production next month" . 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 slide to RMB33,700-34,200/t (USD2 . 11-2.14/lb) EXW D/P, down 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 slide further in the following days as most downstream consumers hold back from purchasing.