• HR Coil SS400 5.5mm FOB Chinaup(15)  07-22|Zinc Conc. 50%min EXW Chinadown(-520)  07-22|Antimony Ingot 99.65%min In port Indiaup(150)  07-22|HR Coil S275 JR 3.0mm In warehouse Istanbulup(15)  07-22|Tungsten Scrap CNC Cutting Blades 70%min Ex-VAT Delivered Chinaup(7)  07-22|Spodumene Li2O 6%min CIF Chinaup(20)  07-22|Indium Ingot 99.995%min Delivered Europedown(-10)  07-22|Spodumene Li2O 3%min In port Chinaup(20)  07-22|Erbium Oxide 99.5%min FOB Chinaup(1.2)  07-22|Spodumene Li2O 5%min In port Chinaup(25)  07-22|Iron Ore Fine Australian 62%min CNF Chinaup(2.5)  07-22|Coking Coal A 10.5%max, S 0.8%max EXW Shanxiup(30)  07-22|Polysilicon 9N Delivered Chinaup(1)  07-22|Silicon Metal 7-8-3 Ex-VAT FOB Chinaup(30)  07-22
  • 
    AsianMetal
    Events & Holidays
    event
    
    Business Visits

    Sumitomo Corporation (Shanghai) visits Asian Metal

    On the afternoon of September 12th, Takagi Yasunobu (the section chief) and Shi Junjie from non-ferrous metal raw material department of Sumitomo Corporation (Shanghai) Limited, visited Asian Metal and exchanged views with cobalt & lithium market analyst Carol Lin on cobalt market.
    Carol introduced the current cobalt supply at home and abroad and other information that Chambishi had planned to supply 3,000t cobalt metal in 2017, but the supply in H2 of 2017 may decrease due to raw ore supply and cobalt prices remain at high level on the international market.
    The Chinese cobalt salt market started to see decreasing output from certain producers from August due to environmental issues and the output may gradually get recovered in late September. Currently, downstream NCM material producers consecutively release capacity and Asian Metal expected for a continuously but slower increase for cobalt salt prices compared with H1 despite the slow increase in short time in the Chinese market.
    Sumitomo maintained cobalt metal (cobalt beans) supply was 3,600t in 2016, which is expected to reach 4,000t in 2017. However, as cobalt metal prices are in disparities in China, the company exports no material to China temporarily.
    Asian Metal
     
      Copyright © Asian Metal Ltd All rights reserved.