Home / Metal News / [Minor metal] Forecast of Domestic Cobalt Market Next Week

[Minor metal] Forecast of Domestic Cobalt Market Next Week

iconApr 10, 2009 00:00

SHANGHAI, Apr. 10 (CBI China) -- As the ore supply was concentrated, the current supply was tight in the market, helping support the cobalt price in the short term; while the demand remained weak, and the buying sentiment from downstream factories was low. Hence, the market price will remain in current level in the near future.

    Next week, refined cobalt prices will move in the RMB 320,000-330,000/mt range; prices will be in the RMB 75,000-78,000/mt range for cobalt chloride; cobalt sulfate prices will be in the RMB 66,000-70,000/mt range; prices will be around RMB 260,000/mt for cobalt oxide (II,III); prices will be around RMB 260,000/mt for lithium cobalt oxide.

 

Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

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

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All