SMM Weekly Forecast on Cobalt Market (Aug. 2-6)-Shanghai Metals Market

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SMM Weekly Forecast on Cobalt Market (Aug. 2-6)

SMM Insight 05:30:35PM Jul 30, 2010 Source:SMM

SHANGHAI, July 30 (SMM) -- Although transactions of certain cobalt products increased, demand from end-users hasn't shown any sign to improve. In this context, domestic cobalt products will continue to fluctuate at low levels. 

It is expected that mainstream traded prices of refined cobalt will move between RM 300,000-320,000/mt, prices of cobalt chloride may move between 73,000-75,000/mt, prices of tricobalt tetroxide will move between RMB 225-230/kg and traded prices of lithium cobalt will move in the RMB 230,000-235,000/mt in the following week.

 

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



 

SMM Weekly Forecast on Cobalt Market (Aug. 2-6)

SMM Insight 05:30:35PM Jul 30, 2010 Source:SMM

SHANGHAI, July 30 (SMM) -- Although transactions of certain cobalt products increased, demand from end-users hasn't shown any sign to improve. In this context, domestic cobalt products will continue to fluctuate at low levels. 

It is expected that mainstream traded prices of refined cobalt will move between RM 300,000-320,000/mt, prices of cobalt chloride may move between 73,000-75,000/mt, prices of tricobalt tetroxide will move between RMB 225-230/kg and traded prices of lithium cobalt will move in the RMB 230,000-235,000/mt in the following week.

 

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