SMM, September 7: According to market rumors learned by SMM, a large smelter in Hunan recently conducted a public tender for the sale of several mt of refined cadmium, which was successfully concluded. Market rumors suggest the final transaction price for the refined cadmium was around 27,500 yuan/mt. Market participants indicated that although cadmium prices have shown some weakening trend recently and end-user buying interest is insufficient, the successful completion of this tender reflects, to some extent, that market demand is not that weak.

![September SMM assessed refined bismuth production in China is expected to decline by about 3.5% MoM [SMM data]](https://imgqn.smm.cn/usercenter/TdoSs20251217171724.jpeg)

