COBALT HYDROXIDE SNAPSHOT: Lower offers, Mutanda closure encourage more spot buying

November 29, 2019 / www.metalbulletin.com / Article Link

Key data from the Wednesday November 27 pricing session in Shanghai and London.


Key drivers

Sellers further cut their offers for cobalt hydroxide payables - the percentage of the metal price paid to procure intermediates - in doing so, encouraging larger tonnage purchases than in recent weeks.Market sources reported improved interest for January...

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