Cobalt Prices Climb in European Market-Shanghai Metals Market

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Cobalt Prices Climb in European Market

SMM Insight 11:33:56AM Jan 14, 2010 Source:SMM

SHANGHAI, Jan. 14 (SMM) -- According to resources from overseas market, prices of cobalt kept on climbing in overseas market. According to market players in Europe, suppliers were reluctant to move goods in a large amount, with single trading volumes mainly below 10 mt. If single trading volumes exceed 10 mt, prices would also climb steadily.

Refined cobalt (99.3%) climbed to USD 20.75-22/lbs, and refined cobalt (99.8%) was mainly sold at USD 22.5-23.5/lbs. It was reported, traded prices of refined cobalt from Russia were in a wide range in USD 20.5-22.6/lbs. Refined nickel from Falconbridge was traded around USD 23.5/lbs.

 

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None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

 

Cobalt Prices Climb in European Market

SMM Insight 11:33:56AM Jan 14, 2010 Source:SMM

SHANGHAI, Jan. 14 (SMM) -- According to resources from overseas market, prices of cobalt kept on climbing in overseas market. According to market players in Europe, suppliers were reluctant to move goods in a large amount, with single trading volumes mainly below 10 mt. If single trading volumes exceed 10 mt, prices would also climb steadily.

Refined cobalt (99.3%) climbed to USD 20.75-22/lbs, and refined cobalt (99.8%) was mainly sold at USD 22.5-23.5/lbs. It was reported, traded prices of refined cobalt from Russia were in a wide range in USD 20.5-22.6/lbs. Refined nickel from Falconbridge was traded around USD 23.5/lbs.

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn