Firm Indian demand continues to support cadmium market; price for higher-grade material rises

Strong demand from India is continuing to support the cadmium market, with the price for higher-grade material reaching fresh highs this week, even with the end of the fiscal year approaching, market sources told Metal Bulletin.

But many companies are said to be putting off payments for the next couple of weeks.
Metal Bulletin assessed the 99.99% cadmium quotation at 155-175 cents per lb on Friday March 16, up from 150-170 cents per lb on March 14 and marking the highest level since January 2011.

Meanwhile, the 99.95% cadmium quotation was steady at 145-160 cents per lb, a level it...

Published

Tanya Ashreena

March 19, 2018

03:11 GMT

London