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Home / Metal News / [Minor metal] SMM Forecast - Domestic Cobalt Market

[Minor metal] SMM Forecast - Domestic Cobalt Market

iconAug 14, 2009 00:00
Source:上海有色金属网

SHANGHAI, Aug. 14 (SMM) -- Market players sold off goods, dragging down prices for cobalt products. However, most factories will be firm with their prices in view of uncertain ore supply in the future. Although the demand was limited currently, market insiders still believe cobalt prices will advance, so any downward room for the price will be limited.

    Next week, refined cobalt will be traded at RMB 310,000-350,000/mt; cobalt chloride will be traded around RMB 72,000/mt; prices will be RMB 63,000/mt for cobalt sulfate; prices will be RMB 245,000-250,000/mt for cobalt oxide (II,III); prices will be RMB 245,000-250,000/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

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