[SMM Weekly Review: Cobalt Intermediate Product Prices Remain Stable This Week]
This week, cobalt intermediate product prices remained stable.
Supply side, current port inventory is sufficient. Demand side, downstream cobalt smelters have seen significant production cuts, with limited demand for bulk cargoes.
Overall market conditions indicate a relatively calm year-end, with minimal changes in the overall supply-demand pattern and stable spot prices.
Next week, the overall market situation is expected to persist, with spot prices likely to fluctuate downward.
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