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[Minor metal] Refined Cobalt Prices Remain Stable in Domestic Market
SHANGHAI, July 28 (SMM) -- Transactions were limited in domestic refined cobalt market, with mainstream prices in the RMB 330,000-360,000/mt range.
Sources report that current downstream demand was slim, and spot supply of refined cobalt was sufficient, so refined cobalt prices lacked upward momentum. In addition, cost prices for imported refined cobalt helped support refined cobalt prices, so suppliers were reluctant to lower prices.
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