Welcome to our website!         [  Login    |    Register  ]
Search Price Index:
Global News
2021-6-22

Los Alamos National Laboratory is part of a consortium developing a technology to rapidly break down discarded plastic at the molecular level into components that can be used to create other materials, such as nylon. The year-old research and development effort has been dubbed BOTTLE. The program was launched in November. Early research has led to identifying enzymes that can biodegrade plastic noticeably within several days, versus the several hundred years it normally would take for the material to decompose. Now the teams want to accelerate the decomposition, because breaking down the plastic in days is not nearly fast enough, lab scientist Taraka Dale said. “So what we’re shooting for is really observable changes and degradation in a matter of, ideally, hours,” said Dale, who leads the lab’s BOTTLE program. “So that you can, in theory, put this in an industrial process eventually.” The process would be fairly straightforward for users, she said. A vendor would grind up plastic trash and load it with the enzymes into a tank partially filled with water. The enzymes would break down and dissolve the plastic into the liquid. They would then transform the molecules into polymers for higher-grade products, such as carpets and clothing. Dale likened it to dismantling a brick house, and instead of simply reusing the bricks, you turn them into boards for a different purpose. The company could sell the raw material to a manufacturer, Dale said. This conversion of throwaway items and scraps into higher-quality goods, such as fabrics, would be “upcycling,” she said.

Eyes on China
2021-11-26

According to customs data, China imported 5,399 mt of cobalt raw material in metal content in October, a month-on-month decrease of 31% and year-on-year decrease of 49%. The imports totalled 73,700 mt in metal content from January to October, up 3% YoY Imports of cobalt ore were 69 mt in metal content in October (calculated at 8% grade), down 56% MoM and 58% YoY. Imports of cobalt ore were 1,079 mt in metal content from January to October, down 70% year-on-year. Imports of cobalt hydrometallurgy intermediate products were 5,166 mt in metal content in October (calculated at 27% grade), down 30% month-on-month and 44% year-on-year. Imports of cobalt hydrometallurgy intermediate products totalled 66,700 mt in metal content from January to October, up 5% year-on-year. Imports of unwrought cobalt were 165 mt in metal content in October (calculated at 99.8% grade), down 32% month-on-month and 86% year-on-year. Imports of unwrought cobalt totalled 5,958 mt in metal content from January to October, up 18% year-on-year. From January to October, the average monthly import volume of cobalt raw materials was 7,371 mt in metal content, of which the average monthly imports of cobalt intermediate products was 6,667 mt in metal content. Based on the current operating rates of domestic smelters and taking into account of the supply of recycled cobalt, domestic cobalt raw ore and imported cobalt briquettes, it requires 7,800-8,500 mt in metal content of imported cobalt intermediate products so as to basically meet smelters’ demand for cobalt raw materials. The cobalt raw material supply deficit in China remains large this year. Imports of cobalt intermediate products by Gansu, Jiangsu, Hunan, Guangdong, Hubei, and Fujian declined MoM while imports by Shanghai, Jiangxi and Zhejiang increased MoM in October. The average import price of cobalt hydrometallurgy intermediate products stood at $56,280/mt in metal content in October, up 5% MoM and 94% YoY. The average import price of cobalt hydrometallurgy intermediate products stood at $48,331/mt in metal content from January to October, a year-on-year increase of 86%. Imports of cobalt intermediate products fell sharply in October, mainly due to increasing shipping schedule uncertainty, and higher ocean freight quotations, which further increased the transportation resistance of cobalt ore and cobalt intermediate products. Except for long-orders of imports, the small orders of imported refined cobalt fell sharply due to premiums of overseas refined cobalt over domestic refined cobalt. According to cobalt raw material suppliers and smelters, the uncertainty of shipping schedule will continue at least until Q1 2022, so the domestic cobalt raw material inventory continues to be tight. Overseas refined cobalt prices rose further amid positive fundamentals, which makes the pricing benchmark of cobalt intermediate products rise; the spot quotation coefficient is likely to remain high amid low spot inventory and thin quotations of small orders of cobalt intermediate products. Downstream producers of battery materials mainly reduce inventory until December. Therefore, the transactions of domestic battery materials thinned. Downstream battery plants and end-users will restock for the Chinese New Year from January next year. Cobalt salt prices are likely to increase amid low cobalt raw material inventory and high prices.

Premier provider of non-ferrous scrap metals information in China market. We quote for more than 200 varieties of scraps including copper, aluminum, zinc, nickel, tin, lead, stainless steel and other non-ferrous scrap metals in Nanhai, Qingyuan, Shanghai, Tianjin, Taizhou, Baoding and etc. Since established in 1995, we had built up our brands with plenty of loyal customers at home and abroad.

Enterprise Ddvantage
Big Data
Massive Customer Base
Market News
Intelligent Trading Platform
Comprehensive Services of Price, News and Trading
Professional Market Analysts and Consultancy Service