SMM News on March 11: According to SMM, the Northwest Lead and Zinc Smelter of Baiyin Nonferrous Group Co., Ltd. launched a public tender sale for about 100 mt of crude cadmium under its operation. According to the official announcement, the bidding floor price was set at a discount of 500 yuan/mt to the average SMM price, and the highest bidder after the auction won the lot. This project required at least three registrants for the auction to proceed normally. The registration deadline was 17:00 on March 16, 2026, and bidding was scheduled to begin at 10:00 on March 17, 2026. Market participants said that, as cadmium prices had shown an upward trend recently, this tender was also well worth close attention. 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.

SMM, October 27: According to SMM, Baiyin Nonferrous Group has initiated a public tender for the sale of 100 metric tons of crude cadmium. Official sources specify that the bidding will start at a base price with a discount of 500 yuan per metric ton, and the highest bid will win. The auction requires at least three registered participants to proceed. The registration deadline is 17:00 on October 29, 2025, and the bidding will begin at 15:00 on October 30, 2025. Market participants indicate that due to recent fluctuations in cadmium prices, this tender is particularly noteworthy as it could, to some extent, reflect the strength of market demand.

Cadmium, a highly versatile metal, holds significant industrial value due to its unique properties. It is primarily used in batteries, pigments, coatings, and some electronic devices. The prices of cadmium can experience notable fluctuations due to various market dynamics and external factors. Understanding these pricing insights is crucial for stakeholders in industries reliant on cadmium for their manufacturing processes.