• Nickel Cathode Norilsk 99.96%min In port China(-4700)  09-27|Nickel Cathode 99.96%min EXW China(-4800)  09-27|Lithium Carbonate 99.5%min FOB South America(-0.7)  09-27|Lithium Carbonate 99.5%min CIF China(-0.8)  09-27|Lithium Hydroxide Monohydrate LiOH 56.5%min, Magnets 0.0001%max FOB China(-0.8)  09-27|Ferro-silicon 75%min In warehouse Pittsburgh(0.03)  09-27|Silicon Metal 5-5-3 In ports India(5)  09-27|Lithium Hydroxide Monohydrate LiOH 56.5%min, Magnets 0.0001%max Delivered South Korea(-0.8)  09-27|Lithium Carbonate 99.5%min Delivered EU(-0.7)  09-27|Ferro-molybdenum 60%min EXW China(-7000)  09-27|Lithium Carbonate 99.5%min Delivered US(-0.7)  09-27|Silicon Metal 4-4-1 In ports India(5)  09-27|Spodumene Li2O 6%min CIF China(-60)  09-27|Zinc Conc. TC 50% CIF China(-3)  09-27
    Business Visits

    Asian Metal visits Jinjiang Group, China-base and Jiaming Imp & Exp

    On the morning of March 10, Mr. Friday Gao, senior analyst of Asian Metal visited Jinjiang Group and met with Mr. Pi Jianqing, vice general manager of the Group. They talked about the bauxite, alumina and aluminum ingot markets.
    The Group focuses on bauxite imports from Malaysia and also buys some from India, Guinea and Australia. They own aluminum ingot plants in Inner Mongolia and Ningxia with annual capacity of 1 million tonnes and 300,000t. Mr. Pi is optimistic about the aluminum ingot price and believes that the price may rise to RMB14,500-15,000/t again in the second half of this year, as China will issue new policies on aluminum ingot industry to restrict new capacity.
    Asian Metal
    Mr. Pi Jianqing and Mr. Friday Gao
    In the afternoon, Mr. Friday Gao visited China-Base Ningbo Foreign Trade Co., Ltd. and talked bauxite market with Ms. Yoko Dai and Mr. Ian Fang, marketing managers of the company.
    According to Ms. Yoko, freight cost from Malaysia to China rose to around USD10-11/t, so the bauxite prices from Malaysia climbed up a bit.
    Asian Metal
    From left: Mr. Ian Fang, Ms. Yoko Dai and Mr. Friday Gao
    In the afternoon, Mr. Friday Gao also visited Ningbo Jiaming Imp & Exp Co., Ltd. a trader of nickel ore. Before 2014, they focused on Indonesian nickel ore. Mr. Dong Xianjie, general manager of the company disclosed that Indonesia may resume nickel ore export in April, so they plan to resume the business.
    Asian Metal
    Mr. Dong Xianjie and Mr. Friday Gao
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