SHANGHAI, Nov. 2 (SMM) -- Jinchuan Group raised refined cobalt offers to RMB 370,000/mt, and Jinchuan Group has maintained refined cobalt prices at RMB 350,000/mt since early August. Market insiders believe the continuous increases in MB prices and constant growth in domestic prices for cobalt products were responsible for Jinchuan's ex-works price adjustment.
In other news, Jinchuan Group also lifted cobalt oxide (II, III) prices to RMB 245/kg from RMB 225/kg.
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