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Oct production of cobalt sulphate rises 7% on month

iconDec 3, 2018 11:09
Source:SMM
Output stood at 2,315 mt in metal content in Oct

SHANGHAI, Dec 3 (SMM) – China's cobalt sulphate production increased 7% from September, to 2,315 mt in metal content in October, SMM data showed. 

Higher output in Jiangsu and Zhejiang provinces accounted for the increase. Robust demand from the ternary materials market encouraged producers to step up production of cobalt salt. They also accelerated operation to meet annual targets, SMM learned. 

SMM expects high downstream demand to keep production of cobalt sulphate flat in November at around 2,315 mt in metal content. 

Production data
Cobalt sulphate
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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