Rasa Corporation visits Asian Metal

In the afternoon on 23rd, July 2015, Mr. Junchi Rukuda, General Manager of overseas business department of Rasa Corporation and Mr. Guang We, Chief Representative of Rasa Corporation Shanghai office, visited Asian Metal, and discussed about the zirconium and titanium markets with Ms Susan Yin, Senior Analyst in minor metals department, Ms Ann Zhang, Ms Daphne Zhang, Senior Analyst in minor metals department, and Ms Emily Ye in Asian Metal.

Junchi Rukuda inquired Iluka’s Australian zircon sand’s current price trend, China’s import and sales volume, stocks in ports, and also the zircon sand’s sales volume and price trend in Hainan area and Africa. Furthermore, they asked the export and price situation in downstream industries, such as zirconium oxychloride and fused zirconia as well as the background and business scope of Asian Metal, introduced related information of Rasa Corporation and Iluka’s Australian zircon sand in Japanese market, exchanged opinions on Iluka zircon sand’s price trend in the latter half of year.

About titanium market, Junchi Rukuda mostly concerns about the market of natural rutile, including the price tendency of natural rutile from 2015, the present price of natural rutile and the market tendency of natural rutile in the coming days. Meanwhile, we also had a deep discussion about the market of Chinese titanium ilmenite. The market transactions of Chinese titanium ilmenite keep sluggish since the beginning of 2015, with the related negatively to the overall trend of the market prices. The market tendency of titanium ilmenite in the coming days is still pessimistic. Many titanium ilmenite producers have reduced production or even stopped production owing to the poor buying activities from downstream consumers. JUN-ICHI FUKUDA revealed that titanium is the auxiliary product from zirconium. As Chinese titanium market is not optimistic, they will be cautious when enter the market.

Rasa Corporation is a specialized trading company that has grown consistently by supplying firms in many industries with resources, metallic materials, industrial machinery, construction equipment and other products.