Firm cobalt hydroxide prices limit sulfate downturn

December 02, 2020 / www.metalbulletin.com / Article Link

Cobalt sulfate prices in China softened in the first half of last week but a firm cobalt raw materials market helped to limit the downturn.

Fastmarkets' assessment for cobalt sulfate, 20.5% Co basis, exw China, was at 53,500-54,500 yuan ($8,129-8,281) per tonne on Friday November 27, unchanged from two days earlier, when it fell by 500 yuan per tonne (0.9%) from 54,000-55,000 yuan per tonne on November 20.
Spot demand has been lackluster while producers intend to maximize their revenue in the run-up to the end of year.

"Producers have to compromise slightly for the sake of decent year-end earnings report," a cobalt...

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok