COBALT SNAPSHOT: Prices drift lower on oversupply fears; consumers top up

February 05, 2019 / www.metalbulletin.com / Article Link

Key data from the February 1 pricing session in London.

Key drivers- Cobalt prices continue to soften, with material from certain metal brands understood to be in adequate supply over the coming months, because they were not committed to long-term supply deals. Benchmark standard-cobalt prices were down by 21.5% in January; alloy-grade prices were down by 23%.- The pace of price declines slowed when a...

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