Tricobalt Tetraoxide Prices Maintained Downward Tren

Published: Aug 8, 2022 11:01

Source: SMM

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SHANGHAI, Aug 8 (SMM) – The prices of tricobalt tetraoxide maintained the downward trend last week.

SHANGHAI, Aug 8 (SMM) – The prices of tricobalt tetraoxide maintained the downward trend last week. The quotations stood at around 215,000 yuan/mt, while the deals were done between 200,000-210,000 yuan/mt. The decline in cobalt salt prices eased the cost pressure of tricobalt tetraoxide producers. In view of the sluggish electronics sector and supply glut, tricobalt tetraoxide prices may still have room to fall.

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