[Ni] CBI Morning Review - 2009/7/10 Nickel Market

SHANGHAI, July 10 (CBI China) -- Cobalt salt prices rose slightly in domestic market, and the mainstream traded prices for cobalt chloride increased to RMB 74-76/kg from RMB 72-74/kg. Sources report that the rising raw material prices drove up the cobalt salt prices, and suppliers became reluctant to sell upon the expectation of demand recovery. Currently, domestic demand remained weak.
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