Cobalt Salt Inventories Continued to Accumulate_SMM

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Home / Metal News / Cobalt & Lithium / Cobalt Salt Inventories Continued to Accumulate

Cobalt Salt Inventories Continued to Accumulate

Mar 15, 2023 10:55

CST

Source:SMM

Output of cobalt sulphate stood at 8,034 mt in metal content in February, up 16% month-on-month and 8% year-on-year.

SHANGHAI, Mar 15 - Output of cobalt sulphate stood at 8,034 mt in metal content in February, up 16% month-on-month and 8% year-on-year. The supply of the cobalt sulphate market is expected to remain in surplus, and the inventory accumulation stood at around 2,000 mt in metal content. Prices of cobalt sulphate fell due to weak demand.

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