Hangzhou CIEC Resource visits Asian Metal

On the morning of 18th of July, Hangzhou CIEC Resource Co., Ltd.’s staff: Zhong Zhen from integrated business department, Ling Feng, business manager, and Song Xiaoping & Chen Wenhui, analysts, came and visited Asian Metal, and had exchanged opinions with Carol Lin, an analyst of Asian Metal, on the upstream and downstream market of lithium salt.

The two parties exchanged opinions on the current supply and demand situation of Chinese lithium salt. The market saw tight supply of lithium carbonate, weak demand for lithium hydroxide monohydrate, and sufficient capacity of lithium carbonate and lithium hydroxide monohydrate, and prices are mainly affected by downstream demand. With the new energy power market developing well, the supply of raw material spodumene will increase gradually along with the development of lithium battery market.

Hangzhou CIEC Resource Co., Ltd. mainly trades raw material of metallurgy and began to open import business of lithium ore from H1 2017.