Domestic prices for cobalt metal in China have strengthened since mid-August despite weak downstream demand due to tightening supply and high production costs
Fastmarkets' price assessment for cobalt 99.8% Co min, ex-works China was at 360,000-383,000 yuan ($55,775-59,338) per tonne last Friday September 3, up by 3,000-5,000 yuan per tonne from 355,000-380,000 yuan per tonne on September 1.Market participants estimated that stock levels had decreased by 300 tonnes in August from slightly over...