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[Minor metal] Offers for Cobalt Products Continue to Climb in Domestic Market

iconJul 20, 2009 00:00

SHANGHAI, July 20 (CBI China) -- Offers for domestic cobalt products continued to climb. Offers were RMB 350,000-370,000/mt for refined cobalt, RMB 76,000-78,000/mt for cobalt chloride, RMB 66,000-68,000/mt for cobalt sulfate, RMB 255-260/kg for both cobalt oxide (II,III) and lithium cobalt oxide.

    Cobalt price hike was due mainly to strong increases in MB prices. Transactions were weak in domestic market due to sluggish domestic demand.

 

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