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Home / Metal News / SMM Weekly Forecast on China's Cobalt Market

SMM Weekly Forecast on China's Cobalt Market

iconMay 21, 2010 00:00
Source:上海有色金属网

SHANGHAI, May 21 (SMM) -- Prices of refined cobalt slipped significantly last week, and may stay stable next week, which shall mainly depend on the price performance in overseas market. Possibility for brand name refined nickel to fall below RMB 350,000/mt is low. 

Mainstream traded prices of cobalt chloride may fell to RMB 75,000/mta and prices of spot tricobalt tetroxide may fall to RMB 245-248/kg. Prices of lithium cobalt oxide will move around RMB 250,000/mt.

To contact the writer on this report: fergiewang@smm.cn

 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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