Spot payables for cobalt intermediates held steady week on week, although buying interest has thinned compared with the beginning of June and May's restocking.
Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China was assessed at 65-66.5%of the standard-grade metal price (low-end) on FridayJune 19, unchanged since June 5.Fastmarkets' assessment for cobalt sulfate 20.5% Co basis, exw China dropped to 44,000-45,000 yuan ($6,221-6,363) per tonne on Wednesday June 17, down by 2.2% from 45,000-46,000 yuan per tonne on June 12. That marks the second consecutive 2.2% decline...