SMM Weekly Cobalt Intermediate Products Price Review And Forecast

SHANGHAI, May 8 (SMM) – The prices of cobalt intermediate products fell last week. Overseas refined cobalt prices have kept falling recently. Inquiries from downstream cobalt salt factories have increased, but they tried to bargain down purchase prices as the selling prices of their own products were low. The costs of each mine varied. A small amount of cobalt intermediate products was sold at lower prices. Overall, negotiations between upstream and downstream enterprises were in a stalemate. The prices of cobalt intermediate products may extend slight declines this week.