Traders are pinning their hopes
on the traditional pickup in demand ahead of the Christmas
holiday season. The cadmium industry is typically slow before
the holiday rush for nickel-cadmium (NiCd) batteries, which
account for the majority of domestic use in rechargeable
consumer batteries in cell phones, cameras and other consumer
U.S. cadmium prices have been as
sluggish as demand, languishing at lows last seen in June 2009.
High-grade cadmium is in a range of $1.30 to $1.40 per pound,
while low-grade cadmium is between $1.20 and $1.30 per
Given strong holiday demand, prices for high-grade cadmium
could rise to $1.80 per pound by the end of November, but a
weak economy could mean a slow holiday season,...