Cadmium ingot Market Report November 2012
2012-12-11 08:46:18 【Print】
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After two months’ continuously going up in September and October, Chinese cadmium ingot market shows weak signs in November. In early November, prices for cadmium ingot 99.99% keeps relatively stable at RMB18-19/kg (USD2.88-3.04/kg), while in middle November, with the decreasing demand from alloy industry and the nickel battery industry, prices go down from RMB18-19/kg (USD2.88-3.04/kg) to RMB17.5-18.5/kg (USD2.80-2.96/kg), and still showing downward trend.
Although cadmium ingot prices continues to go down, cadmium ingot deals in Chinese import market are still active. Most traders still replenish their stocks in large volumes and they have the intention to affect Chinese cadmium ingot market. Prices for imported cadmium ingot also decrease from RMB18/kg (USD2.88/kg) in early November to RMB17/kg (2.72/kg) in later November.
Although cadmium ingot prices continues to go down, cadmium ingot deals in Chinese import market are still active. Most traders still replenish their stocks in large volumes and they have the intention to affect Chinese cadmium ingot market. Prices for imported cadmium ingot also decrease from RMB18/kg (USD2.88/kg) in early November to RMB17/kg (2.72/kg) in later November.
