Trade log March 2019: Cobalt Sulfate

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

Fastmarkets MB prices
Click here for Fastmarkets MB’s price assessment for cobalt sulfate, Co 20.5% min, China ex-works, yuan/tonne.
Click here for Fastmarkets 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 March 29 was 45,000 yuan to $6,680.
Friday March 29
Price unchanged at 45,000-47,000 yuan per tonne (discount at $0.09-0.21 per lb)
Offer at about 43,000-46,000 yuan per tonne
Small tonnages sold at about 46,000 yuan per tonne
Offer at about 50,000 yuan per tonne

Deal heard at...

Published

Susan Zou

April 01, 2019

03:49 GMT

Shanghai