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WESTERN CADMIUM PRICES CONTINUE TO RISE (SOURCE: METAL PAGES) 29/10/2012

Western cadmium prices continue to rise, in response to a stronger market in China, according to recent information appeared in Metal Pages.

The origin of it is based on the shortage of available cadmium stocks in the Chinese market.

The demand for cadmium is driven by nickel-cadmium batteries and typically increases in the fourth quarter, in line with battery production, and has picked up as expected since the end of September. However, according to Metal Pages, the present Chinese cadmium market thightness is more an artificial way to increase prices than a real shortage of supply.

 

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