Apr 26, 2024 19:25
Refined cobalt prices continued to fall in the week ending April 25 due to abundant supply and weak demand from end-users. Despite high operating rates at smelting plants, weak demand from end-users is leading to an expanding oversupply, which is likely to further weaken prices.
Apr 26, 2024 19:22
Fluctuations in spot lithium carbonate prices have slowed down recently as sellers and buyers are basically in a deadlock. Supply side, smelters are resuming production slowly, while April’s imports should stay at March’s high levels.