SMM, April 30 – SMM learned that Baiyin Nonferrous Group’s No. 3 Smelter will publicly invite bids for its 66-tonne 1# refined cadmium starting today. According to official information, the floor price for the bidding is set at a discount of RMB 1,000/tonne, with the metal awarded to the highest bidder. The auction will proceed only if at least three parties register. The registration deadline is 17:00 on May 10, 2026, and bidding will begin at 15:00 on May 11, 2026. Interested buyers must register as suppliers on the Longdao platform (www.longdaoyun.com).
Market sources indicate that while trading sentiment in the cadmium market is currently relatively subdued and end-user buying interest remains weak, prices have stayed relatively stable. As the market gradually approaches the end of the second quarter and pre-summer lull stocking, end-user restocking activity may pick up in the future. Therefore, this tender is worth watching as it could, to some extent, reflect the strength of market demand.
