|Bid||1,844.50 x 0|
|Ask||1,846.50 x 0|
|Day's Range||1,845.00 - 1,911.50|
|52 Week Range||1,527.50 - 2,238.50|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||4.98|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||90.00 (4.62%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||2,189.00|
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SSUMY vs. GE: Which Stock Is the Better Value Option?
Trading house Sumitomo Corp expects Japanese aluminium premiums to remain at between $125 and $175 a tonne next year, against $148 this quarter, although changes in Russian supply could be a swing factor, a company manager said on Thursday. Japan is Asia's biggest aluminium importer and the premiums it agrees to pay over the London Metal Exchange (LME) cash price each quarter for primary metal shipments set the benchmark for the region. Japan's premiums for the July-September quarter were $148 a tonne, down from $172 in April-June and $177 in January-March, reflecting weak demand for automobiles and rising local inventory.
MineHub Technologies, which has digitised trade finance and logistics in metals and mining, has signed up Japan's Sumitomo Corp to use its platform, the companies said on Tuesday. Online platforms for industrial metals have gained momentum since last year as traders gradually move away from traditional paper-based systems. Trading house Sumitomo will use MineHub initially for its copper concentrate supply chain, a statement said.