CHINA COBALT SNAPSHOT: Metal price steady after speculative buying fades

July 26, 2019 / www.metalbulletin.com / Article Link

Key data from the Wednesday July 24 pricing session in Shanghai.

Key driversThe price of cobalt metal in China is steady so far this week after narrowing upward on July 19 against a backdrop of aggressive speculative buying. But the number of spot trades fell despite active inquiries after investors took a more cautious stance following the increase in prices. Spot availability...

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