Baiyin Nonferrous Group Co., Ltd. Launched a Public Tender for 66 mt of Its No. 1 Refined Cadmium on the 30th [SMM Report]

Published: Apr 30, 2026 09:03

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SMM, April 30: SMM learned that the No. 3 smelter of Baiyin Nonferrous Group Co., Ltd. launched a public tender for 66 mt of Grade 1 refined cadmium starting today. According to official information, the base bidding price was set at a discount of 1,000 yuan/mt, with the highest bidder winning. A minimum of three registered bidders was required for the auction to proceed. The registration deadline is 17:00 on May 10, 2026, and bidding will start at 15:00 on May 11, 2026. Interested clients need to register as suppliers on the Longdao platform at www.longdaoyun.com. Market participants noted that trading sentiment in the cadmium market was relatively subdued, with insufficient buying interest from end-users, though prices remained relatively stable. As the end of Q2 and pre-summer break stockpiling approach, end-user stockpiling may increase in the future. Therefore, this tender is worth close attention, as it can reflect the strength of market demand to a certain extent.

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