COBALT HYDROXIDE SNAPSHOT: Rising downstream sulfate prices, benchmark metal prices boost spot demand

January 10, 2020 / www.metalbulletin.com / Article Link

Key data from Wednesday January 8 pricing session in Shanghai and London.


Key drivers

Spot buying appetite for cobalt hydroxide has picked up considerably since late last month amid strength in downstream cobalt sulfate prices in China, while rising inquiries resulted in higher offer prices from suppliers.Consumers, especially those who have not engaged in any long-term supply contracts,...

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