• 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

    Citi Bank and Baring Asset Management visit Asian Metal

    On the morning of November 8, vice president Jacky Shang and Ada Gao from Citi Bank, Maggie Sheng from Baring Asset Management (Asia) Limited, Dixon Lau from Harvest Global Investments, Howard Pang from Moore Capital Asia Limited and Charles Wu from Fidelity Management & Research (HongKong) Limited visited Asian Metal and conducted communications with Carol Lin, the cobalt and lithium market analyst and Friday Gao, the manager of base metal department.
    Carol introduced the upstream and downstream market conditions for cobalt and lithium. The mainstream supply for cobalt raw materials is from Congo where the cobalt concentrate exports are restricted in order to make best use of cobalt resources and downstream plants also prefer to use cobalt hydrometallurgy intermediates to produce. As the demand from traditional downstream alloy and magnets markets tend to stabilize while demand form battery market increases, it is predicted that cobalt prices would rise further within coming 2 years. As the imports for Australian spodumene have increased and the lithium salts output in China are expected to increase gradually, the high level prices for lithium will decline slightly.
    Asian Metal
      Copyright © Asian Metal Ltd All rights reserved.