SHANGHAI, Jun 20 (SMM) -Cobalt sulphate prices rose slightly last week. Some ternary precursor companies had rigid demand to restock, driving transaction prices up. Some traders still had a large inventory of nickel sulphate, but salt factories are reluctant to make compromises. The precursor enterprises generally hold a wait-and-see attitude as the rising price of cobalt salt hardly impacted the precursor prices. The profits of cobalt salt enterprises was considerable at present, due to earlier low prices of overseas refined cobalt. The prices of cobalt sulphate may be temporarily stable under the deadlock in the spot market.
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