Trade log December 2018: Cobalt Sulfate

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.

Unless otherwise stated, all prices are yuan per tonne on an ex-works basis. In addition, the cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis is on a $ per lb basis.

Fastmarkets MB prices
Click here for Fastmarket MB’s price assessment for cobalt sulfate, Co 20.5% min, China ex-works, yuan/tonne.

Click here for Fastmarket MB’s price assessment for the cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis, $/Ib.

Click here for the formula to calculate the cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis, $/Ib.

The exchange rate according to Oanda.com on Friday December 7 was 66,000 yuan to $9,599.

Friday December 7
New price at 66,000-71,000 yuan per tonne (discount at $2.18-2.47 per lb)
Price indicated at 70,000-72,000 yuan per tonne
Price indicated at 68,000 yuan per tonne
Small tonnages sold at about 66,000-67,000 yuan per tonne
Small tonnages sold at about 69,000 yuan per tonne
Offer at about 65,000-68,000 yuan per tonne
Price indicated at 70,000 yuan per tonne
Price indicated at 66,000-68,000 yuan per tonne
Price indicated at 65,000-68,000 yuan per tonne
Price indicated at 70,000 yuan per tonne
Price indicated at 70,000 yuan per tonne
Large tonnages sold at about 68,000 yuan per tonne
Price indicated at 65,000 yuan per tonne
Offer at about 68,000 yuan per tonne
Price indicated at 65,000 yuan per tonne

Wednesday December 5
New price at 65,000-71,000 yuan per tonne (discount at $2.49-2.83 per lb)
Price indicated at 65,000-68,000 yuan per tonne
Large tonnages sold at about 63,500 yuan per tonne
Small tonnages sold at about 71,000 yuan per tonne
Offer for large tonnages at about 65,000 yuan per tonne
Deal heard at about 63,000-65,000 yuan per tonne
Very small tonnages sold at about 78,000-79,000 yuan per tonne
Price indicated at 70,000 yuan per tonne
Price indicated at 70,000 yuan per tonne
Bid at about 66,000-68,000 yuan per tonne
Price indicated at 70,000 yuan per tonne
Price indicated at 68,000-70,000 yuan per tonne
Large tonnages sold at about 65,000 yuan per tonne
Price indicated at 65,000-68,000 yuan per tonne
Offer at about 65,000 yuan per tonne
Large tonnages sold at about 66,500 yuan per tonne
Price indicated at 70,000 yuan per tonne

Susan Zou

susan.zou@metalbulletinasia.com

Published

Susan Zou

December 10, 2018

03:31 GMT

Shanghai