Trade log January 2019: 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.

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 standard-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 standard-grade cobalt low-end price at Co 20.5% basis, $/Ib
.

The exchange rate according to Oanda.com on Friday January 18 was 68,000 yuan to $10,031.

Friday January 18
Price unchanged at 68,000-69,000 yuan per tonne (discount at $0.33-0.39 per lb)
Price indicated at 68,000-69,000 yuan per tonne
Price indicated at 68,000-69,000 yuan per tonne
Small tonnages sold at about 68,000 yuan per tonne
Price indicated at 68,000-69,000 yuan per tonne
Price indicated at 67,000-68,000 yuan per tonne
Price indicated at 67,000-68,000 yuan per tonne
Price indicated at 68,000 yuan per tonne
Price indicated at 68,000-69,000 yuan per tonne
Offer at about 65,000 yuan per tonne (forward cargoes)
Large tonnages sold at about 68,000 yuan per tonne

Wednesday January 16
New price at 68,000-69,000 yuan per tonne (discount at $0.63-0.69 per lb)
Price indicated at 68,000 yuan per tonne
Price indicated at 68,000-69,000 yuan per tonne
Price indicated at 68,000 yuan per tonne
Offer at about 68,000 yuan per tonne
Large tonnages sold at about 69,000 yuan per tonne
Offer at about 70,000 yuan per tonne
Offer at about 71,000-72,000 yuan per tonne
Price indicated at 69,000-71,000 yuan per tonne
Deal heard at about 65,000 yuan per tonne
Offer at about 68,000-71,000 yuan per tonne
Price indicated at 67,000-69,000 yuan per tonne
Deal heard at about 67,000-68,000 yuan per tonne
Price indicated at 67,000-69,000 yuan per tonne
Price indicated at 68,000-69,000 yuan per tonne
Price indicated at 67,000-69,000 yuan per tonne
Price indicated at 68,000 yuan per tonne
Price indicated at 68,000-70,000 yuan per tonne
Price indicated at 67,000-69,000 yuan per tonne

Friday January 11
New price at 67,000-69,000 yuan per tonne (discount at $0.83-0.95 per lb)
Deal heard at about 67,000-70,000 yuan
Large tonnage sold at about 68,000 yuan
Price indicated at 68,000-70,000 yuan
Small tonnage sold at about 69,000 yuan 
Price indicated at 68,000 yuan
Large tonnage sold at about 67,000 yuan 
Small tonnage sold at about 68,000 yuan 
Offer at about 70,000 yuan per tonne
Deal heard at about 67,000-68,000 yuan
Deal heard at 69,000 yuan
Large tonnage sold at about 65,000 yuan
Price indicated at 69,000-70,000 yuan

Wednesday January 9
New price at 66,000-68,000 yuan per tonne (discount at $1.19-1.31 per lb)
Price indicated at 69,000 yuan per tonne
Price indicated at 66,000-69,000 yuan per tonne
Large tonnage sold at about 68,000 yuan per tonne
Offer at about 68,000 yuan per tonne
Small tonnage sold at about 68,000 yuan per tonne
Price indicated at 68,000-70,000 yuan per tonne
Offer at about 71,000 yuan per tonne (outside Fastmarkets MB's specifications)
Offer at about 64,000 yuan per tonne (forward cargoes)
Price indicated at 65,000-68,000 yuan per tonne
Large tonnage sold at about 67,000 yuan per tonne
Price indicated at 67,000-68,000 yuan per tonne
Offer at about 65,000 yuan per tonne
Deal heard at about 66,000-67,000 yuan per tonne
Price indicated at 69,000-70,000 yuan per tonne

Friday January 4
Price unchanged at 65,000-68,000 yuan per tonne (discount at $1.41-1.59 per lb)
Offer at about 66,000-70,000 yuan
Offer at about 70,000 yuan
Large tonnage sold at about 68,000 yuan
Offer at about 65,000-67,000 yuan
Price indicated at 65,000 yuan
Price indicated at 65,000-68,000 yuan 
Offer at about 70,000 yuan 
Deal heard at about 68,000 yuan
Large tonnage sold at about 64,000-65,000 yuan
Price indicated at 68,000 yuan 

Wednesday January 2
Price unchanged at 65,000-68,000 yuan per tonne (discount at $1.56-1.73 per lb)
Offer at about 70,000 yuan
Price indicated at 65,000-68,000 yuan
Bid at about 65,000 yuan
Price indicated at 65,000-68,000 yuan
Price indicated at 65,000-68,000 yuan 
Price indicated at 65,000-68,000 yuan
Price indicated at 65,000-68,000 yuan 
Large tonnage sold at about 64,000 yuan

Susan Zou

susan.zou@metalbulletinasia.com

Published

Susan Zou

January 21, 2019

07:01 GMT

Shanghai