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Cobalt Sulphate Prices Remained in Downward Trajectory
Jul 25, 2022 13:32CST
Source:SMM
SHANGHAI, Jul 25 (SMM) - The prices of cobalt sulphate remained in a downward trajectory last week.

SHANGHAI, Jul 25 (SMM) - The prices of cobalt sulphate remained in a downward trajectory last week. Major precursor plants still restocked only as needed while raising the proportion of self-produced raw materials. Smelters who use intermediate products as raw materials still suffered a severe backlog of finished products. Downstream demand hardly improved amid volatile overseas market, forcing major cobalt salt smelters to sell at discounts. 

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