Key data from the Wednesday February 20 pricing session in Shanghai.
Cobalt metal key drivers
The domestic Chinese cobalt metal price trended lower midweek due to thin spot activity following the Chinese New Year holiday on February 4-10 as well as lower offers from some suppliers who were trying to offload stocks. Mainstream offers and sales for Jinchuan-brand cobalt were around 290,000 yuan ($43,147) per tonne, while small-scale deals and offers for Jinchuan material were heard at lower levels as a result of destocking. Market...