SHANGHAI, Jan. 6 (CBI China) -- After Jinchuan Group increased prices yesterday, domestic refined cobalt prices raised slightly, with the dominant prices at RMB 280-290/kg.
It is reported that Jinchuan Group will increase refined cobalt prices to RMB 290,000/mt from the previous RMB 270,000/mt, the other domestic refined cobalt suppliers raised the prices follow suit.
CBI believes that the prices are unlikely to rise due to the sluggish downstream demand and the ample domestic spot supply.
Copyright © 2008, CBI (Shanghai) Co., Ltd. All Rights Reserved.
None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040
For more information on how to access our research reports, please email service.en@smm.cn
No Data
