Spot cobalt hydroxide payables edged higher in the first half of the week, supported by tight supply and firm bids.
Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China rose to 65-67% of the standard-grade metal price (low-end) on Wednesday June 24, compared with 65-66.5% on June 19.Spot liquidity was thin ahead of China's Dragon Boat Festival holiday (June 25-27), though a number of buyers indicated their intention to top...