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Downstream demand to improve in Q3, cobalt prices resumed their upward trend
Jul 7,2021 14:33CST
SMM Insight
Source:SMM
Inventories of domestic cobalt raw materials have declined 7,200 mt with metal content since January 2021. The supply shortage in Q1 stood at 5,100 mt of metal content and at 2,100 mt of metal content in Q2 which has eased on a quarterly basis.
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