Spot Refined Cobalt Prices End Upward Trend and Post Four-Day Losing Streak

SHANGHAI, Mar 27 (SMM) – According to the spot quotation of SMM, the spot quotation of refined cobalt fell for 4 days in a row last week, and did not stabilise until the last trading day of the week. As of March 24, the spot quotation of refined cobalt was temporarily stable at 270,000-335,000 yuan/mt, with an average price of 302,500 yuan/mt, a drop of 6,500 yuan/mt or 2.1% from March 17.