Domestic Cobalt Salt Prices Drop Slightly -Shanghai Metals Market

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Domestic Cobalt Salt Prices Drop Slightly

SMM Insight 02:11:16PM Mar 08, 2010 Source:SMM

SHANGHAI, Mar. 8 (SMM) -- Domestic cobalt prices declined slightly. Mainstream traded prices of cobalt chloride dropped from RMB 76-78/kg to RMB 73-75/kg, and mainstream traded prices of cobalt sulfate dropped from RMB 68/kg to RMB 65-67/kg.

The decline of cobalt salt prices is mainly attributed to oversupply of cobalt salt products. Trading sentiment was sluggish in the market and wait-and-see sentiment from downstream producers was strong.

To contact the writer on this report: fergiewang@smm.cn

 

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
 

Domestic Cobalt Salt Prices Drop Slightly

SMM Insight 02:11:16PM Mar 08, 2010 Source:SMM

SHANGHAI, Mar. 8 (SMM) -- Domestic cobalt prices declined slightly. Mainstream traded prices of cobalt chloride dropped from RMB 76-78/kg to RMB 73-75/kg, and mainstream traded prices of cobalt sulfate dropped from RMB 68/kg to RMB 65-67/kg.

The decline of cobalt salt prices is mainly attributed to oversupply of cobalt salt products. Trading sentiment was sluggish in the market and wait-and-see sentiment from downstream producers was strong.

To contact the writer on this report: fergiewang@smm.cn

 

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