Cadmium prices continue to move downward in the week ended Friday April 24, with the global market in paralysis because of sluggish demand from India, the main buyer worldwide.
On March 25, a 21-day lockdown was imposed on India to combat the Covid-19 pandemic. This has since been extended until May 3, hitting economic activity, while trading and projects came to a halt and migrant workers returned home.Initially, prices remained static due to the lack of active trading, but the ample supply has put pressure on the market, evidence for which can be seen...