Asian Metal visits Mitsuya Boeki, Daiichi Kigenso, Iwatani and Santoku

On the 2nd of November 2017, Vivian Pang, the senior analyst of rare earth market from Asian Metal visited Mitsuya Boeki Ltd., Daiichi Kigenso Kagaku Kogyo Co., Ltd., Iwatani Corporation as well as Santoku Corporation, and was warmly welcomed by the companies mentioned above. The two parties developed friendly exchanges on the status of rare earth market and the future supply-demand pattern.

On the morning of November 2nd, Asian Metal visited Mitsuya Boeki Ltd. Shunji Ashizawa, the general manager of the first department warmly received Vivian and they deeply communicated with each other on the current lanthanum and cerium market and the future price trend. The company’s business covers chemicals related with lanthanum and cerium. Shunji Ashizawa claimed that when their product cost is affected by sharply fluctuating prices for lanthanum and cerium products, they will negotiate contract prices with suppliers and consumers with AM prices as reference.

Subsequently, Vivian visited Daiichi Kigenso Kagaku Kogyo Co., Ltd. and was welcomed by Akira Kohara, the manager of resource and material department, Matsuo Shoji and Koji Naramoto. Vivian fully illustrated current rare earth prices on the Chinese market and the supply-demand pattern. Akira Kohara extended his gratitude to Asian Metal for their timely and accurate price information, expressing that they have purchased rare earth raw material for years based on Asian Metal’s information and meanwhile will apply to participate in the 10th International Rare Earth Summit.

In the afternoon, Vivian visited Iwatani Corporation and met Ryoji Kawahata, the manager of Osaka raw material department, Kana Konishi, the staff of the department. The two parties exchanged ideas on current demand for lanthanum, cerium, neodymium, dysprosium, terbium, and gadolinium products as well as the price trend. Ryoji Kawahata said that they settle down deals with Chinese suppliers and Japanese consumers in accordance with AM prices. Meanwhile, he is quite interested in the upcoming 10th International Rare Earth Summit held by Asian Metal.

Subsequently, Asian Metal visited Masahiro Ohashi, the general manager of resource and raw material department of Santoku Corporation. Masahiro Ohashi warmly welcomed Vivian and shared his views on the current supply of praseodymium, neodymium and dysprosium products and the supply-demand pattern in the future market. He also highly praised Asian Metal’s objective and timely price information.