SMM, April 20: SMM learned that Gansu Changba Nonferrous Metals Co., Ltd., a subsidiary of Baiyin Nonferrous Group Co., Ltd., launched a public tender for the sale of approximately 130 mt of crude cadmium. According to official information, the base bidding price was set at a discount of 1,650 yuan/mt to the SMM 1# cadmium average price, with the highest bidder winning after the auction. A minimum of three registered bidders was required for the auction to proceed. The registration deadline was 17:00 on April 23, 2026, and the bidding was scheduled to start at 10:00 on April 24, 2026. Market participants noted that since cadmium prices had remained stable recently, this tender was worth close attention, as it could to some extent reflect the strength or weakness of market demand.
Baiyin Nonferrous Group Co., Ltd. Launched a Public Tender for Approximately 130 mt of Crude Cadmium on the 20th [SMM Report]
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