Chinas Cadmium Market Eyes Demand Rise As Prices Stabilize

The Chinese cadmium market continues to experience stagnant demand, with downstream buyers maintaining a wait-and-see approach despite slight increases in market inquiries. Suppliers remain cautious about short-term market prospects as the prevailing conservative sentiment shows no signs of abating.

A cadmium supplier revealed that current offers for 99.99% purity cadmium ingots stand firm at 24,000 yuan per ton, unchanged from last week's levels. With demand showing no significant improvement, suppliers see little room for price adjustments in the immediate future.

Market participants report widespread conservative sentiment across the supply chain. Traders demonstrate limited willingness to build inventories, while downstream buyers prefer to purchase according to immediate needs rather than risk accumulating excess stock. This cautious behavior has contributed directly to the current price stability in the cadmium market.

The price range for 99.99% purity cadmium ingots currently holds steady between 23,500 and 24,500 yuan per ton. Some enterprises have attempted to stimulate demand through price adjustments, but these efforts have proven largely ineffective against the backdrop of overall market pessimism.

Industry observers suggest the Chinese cadmium market will likely maintain this equilibrium in the short term, awaiting substantive recovery in downstream demand. The market's next significant movement appears contingent upon visible improvements in consumption patterns or industrial activity that would drive renewed purchasing interest.