• Met. Coke A 13%max, S 0.7%max EXW Shanxidown(-50)  05-16|Met. Coke A 13%max, S 0.7%max EXW Hebeidown(-50)  05-16|Met. Coke A 13%max, S 0.7%max EXW Shandongdown(-50)  05-16|Ferro-silicon 75%min In warehouse Pittsburghup(0.03)  05-16|Tungsten Carbide 99.8%min 2.5-7.0μm FOB Chinaup(1.3)  05-16|Manganese Ore Australian 45%min In Tianjin Portup(1)  05-16|Manganese Ore Gabonese 44%min In Tianjin Portup(1)  05-16|Manganese Ore Brazilian 44%min In Tianjin Portup(1)  05-16|Lithium Carbonate 99.5%min FOB South Americadown(-0.2)  05-16|Tungsten Ore WO3 65%min EXW Chinaup(4000)  05-16|Silicon Metal 98.5%min Delivered USup(0.03)  05-16|Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max FOB Chinadown(-0.2)  05-16|Lithium Carbonate 99.5%min CIF Chinadown(-0.2)  05-16|Lithium Carbonate 99.5%min Delivered EUdown(-0.2)  05-16
  • 
    AsianMetal
    Events & Holidays
    event
    
    Business Visits

    Xinhu Futures visits Asian Metal

    On the morning of July 11th, Sun Na, the macroeconomic researcher and director assistant of Xinhu Futures Co., Ltd. (“Xinhu Futures” for short), visited Asian Metal. Eric Qiu and Shelly Liu, who are in charge of rare earth and gallium market respectively, greeted her warmly and had a nice and deep conversation with her on rare earth and gallium markets.
    Shelly talked about supply and consumption of gallium metal products, conveying that the oversupply in spot market resulted in sliding prices. And then, more than 50% of gallium metal producers halted production because of price inversion. The demand from LED light and magnet industries keeps relatively stable, therefore, Asian Metal believed that the gallium market would favor de-stocking in the second half of 2016.
    Eric mainly introduced Ms Sun Na the mainstream rare earth production plants and the market conditions of downstream industries, focusing on the hot issues, such as “The rare earth national storage” “Government policies on rare earth smuggling” and so on. Additionally, they exchanged the opinions of future market trends on the basis of current price levels of rare earth products.
    Xinhu Futures was founded in 1995 by Xinhu Zhongbao Co., Ltd. (Stock code: 600208. SH), and is headquartered in Shanghai. The company offers futures brokerage, investment consulting and asset management services to clients internationally.
    Asian Metal
     
      Copyright © Asian Metal Ltd All rights reserved.