Yunnan Chihongyuan Comprehensive Utilization Co., Ltd. successfully concluded the transaction of about 100 tons of cadmium ingots 【SMM Cadmium Report】

SMM News on July 30: According to official sources, Yunnan Chihongyuan Comprehensive Utilization Co., Ltd. recently sold cadmium ingots to the outside world, with a quantity of about 100 tons. The transaction was successfully concluded, and according to official information, the final transaction price was around 28,700 yuan/ton.

Market insiders said that the quantity of cadmium in this tender by Yunnan Chihongyuan Comprehensive Utilization Co., Ltd. is not small, and the final transaction price is not low. This may also indicate that after gradually entering August, the traditional peak season of the cadmium market in the second half of the year will gradually arrive. With the increase in stockpiling and purchasing volume by downstream industries, the price of cadmium may rebound after a long period of decline.