Baiyin Nonferrous Group Co., Ltd. Conducted a Public Tender for Approximately 100 mt of Crude Cadmium on the 27th [SMM Report]

Published: Mar 27, 2026 12:06

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SMM, March 27: According to SMM, the Northwest Lead and Zinc Smelter of Baiyin Nonferrous Group Co., Ltd. planned to conduct a public tender sale of about 100 mt of crude cadmium under its operations. According to the official announcement, the bidding floor price was set at a discount of 1,000 yuan/mt to the average price on SMM, and the highest bidder would win after the auction. This project required at least three registrants for the auction to proceed normally. The registration deadline was 17:00 on March 30, 2026, and bidding would begin at 10:00 on March 31, 2026. Market participants said that, as cadmium prices had recently shown an upward trend, this tender was also well worth watching. To a certain extent, it could reflect the strength of market demand and provide some reference as to whether cadmium prices could continue to rise steadily.

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