SMM

SMM, October 27: According to SMM, Baiyin Nonferrous Group Co., Ltd. has launched a public tender for the sale of 100 mt of crude cadmium. Official information indicates that the bidding starts at a discount of 500 yuan/mt, with the highest bidder winning. The auction will proceed only if at least three bidders register. The registration deadline is 17:00 on October 29, 2025, and the bidding starts at 15:00 on October 30, 2025. Market participants noted that as cadmium prices have been volatile recently, this tender is particularly noteworthy, as it may reflect the strength of market demand to some extent.