Home / Metal News / SMM Weekly Forecast on China's Cobalt Market (May 17-21)

SMM Weekly Forecast on China's Cobalt Market (May 17-21)

iconMay 14, 2010 17:22
Source:SMM
Prices for imported were also dragged down by low prices of domestic refined cobalt.

SHANGHAI, May 14 (SMM) -- Tight supply and high prices for spot raw material will continue to support domestic cobalt salts and lithium cobalt oxide, and the possibility for mainstream cobalt chloride prices to fall below RMB 75/kg is low.

Spot tricobalt tetroxide prices will slip slightly to RMB 248-251/kg, and prices of lithium cobalt oxide will continue to fluctuate around RMB 250,000/kg.

Prices for imported were also dragged down by low prices of domestic refined cobalt, despite that supply of imported goods was tight in the market. It is expected that prices for major brand imported refined cobalt will be able to stand at current price level, and mainstream traded prices for domestic refined cobalt will be at RMB 360,000/mt.

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


 

 

Manganese Cobalt Silicon Selenium Bismuth
minor metal price
Mn Co Si Se Bi

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All