SMM

SMM, December 15: According to SMM, Baiyin Nonferrous Group Co., Ltd.'s Northwest Lead-Zinc Smelter has launched a public tender for the sale of 100 mt of crude cadmium. Official information indicates that the bidding floor price is set at a discount of 3,000 yuan/mt, with the highest bidder winning the tender. The auction can only proceed normally if at least three bidders register. The registration deadline is 17:00 on December 18, 2025, and the bidding will start at 10:00 on December 19, 2025. Market participants noted that as cadmium prices have recently shown some weakness and pulled back, this tender is particularly noteworthy. To some extent, it can reflect the strength of market demand and serve as a reference for whether cadmium prices can stabilize.