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[Minor metal] SMM Forecast - Domestic Cobalt Market
SHANGHAI, Aug. 21 (SMM) -- At present, prices for domestic cobalt products remained above cost lines, and SMM believes cobalt prices will remain unchanged in the near future.
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.
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