SHANGHAI, Jun 13 (SMM) – Cobalt sulphate prices rose slightly last week. Although there were inquiries from downstream buyers, transactions were thin. Cheap spot cobalt intermediate products were hard to get by. Boosted by rising refined cobalt prices, cobalt salt enterprises maintained high quotations. Some ternary cathode companies had rigid demand for restocking, but the prices they were willing to pay were below sellers’ offers. Cobalt sulphate prices may stabilise amid stalemate between sellers and buyers.
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