SHANGHAI, Jun 26 (SMM) – Last week, cobalt sulphate prices saw a minor uptick, with transaction prices gradually climbing amid a subdued market. The rise in cobalt intermediate product prices pushed up costs, while limited supplies from cobalt salt companies further boosted prices. Uncertainty around next month's ternary cathode output and a cautious stance towards escalating cobalt prices kept the demand side in check. Cobalt sulphate prices may stabilise amid stalemate between sellers and buyers.
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