Caitong Securities visits Asian Metal with two companies

On July 5, Li Shuaihua, chief analyst of nonferrous metals industry of Caitong Securities, Li Xiang, analyst of nonferrous metals and new materials at Pacific Securities, and Wang Long, research director at Beijing Fenghe Zhengqin Investment Co., Ltd. visited Asian metal and communicated with Carol Lin, analyst of cobalt and lithium market of Asian metal.

Carol introduced the current cobalt and lithium market condition and future trend to them, expressing that lithium prices will continuously move down in the short term due to sluggish market while cobalt prices will gain support as raw material prices hold at a high level and some enterprises cut or suspend production.