This is Thomas from Sen Long Magnet Technology Ltd, I think you are aware that the raw material of Alnico magnet Cobalt price is keep increasing around 50% from last several months, which caused the Alnico finished magnets price increased sharply.
Beginning of 2017 Cobalt price is 250,000RMB per ton, Dec 13th Cobalt price is 570,000RMB per ton.
But it didn't impact us to much, because we are a professional integrated enterprises from mine plant to magnet manufacturer, therefore, we have absolute advantages for raw material cost as well as quality control, if you have any magnet purchasing plan or any new magnet project, please contact us freely, we are happy to provide below cost down proposals:
1 We have our own mine plant to stable the price for you.
2 Choose the subsititute material (Samarium Cobalt or others) for the Alnico magnets.
3 We can make the magnetic assemblies for reducing complete cost
Looking forward to your fast reply.
Thomas --- Sales Engineer
Address: Sanyo New Industrial Park Bao'an District Shenzhen City China
Tel: (86)-755-29555290; 23460133#802