SHANGHAI, Jun 20 (SMM) -The prices of cobalt intermediate products edged higher last week. Overseas prices and discount coefficients continued to rise with strong cost support. In the short term, cobalt mines enterprise insisted on high quotations amid delayed arrivals and lack of spot cargoes. In the medium term, some mines began to sell forward cargoes in late May, and the arrival volume in July is expected to increase. It is expected that with the restocking of smelters, the price of intermediate products will keep stable.
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