The Chinese cobalt sulfate price softened in Fastmarkets' midweek assessment after some suppliers cut their offers to lock in profits amid concerns of a waning market in March.
Fastmarkets assessed the price for cobalt sulfate 20.5% Co basis, exw China at 56,000-58,000 yuan ($7,953-8,238) per tonne on Wednesday February 26, widening downward by 1,000 yuan per tonne from 57,000-58,000 yuan per tonne on February 21."Inquiries have been limited while people anticipate the price...