CHINA COBALT SNAPSHOT: Metal price drops on competitive prices for imported metal; tetroxide price under pressure

Key data from the Friday July 5 pricing session in Shanghai.



Key drivers 

China’s cobalt market broadly remained under pressure on weak demand last week, with metal and tetroxide prices dropping 1.8% and 1.6% respectively on Friday from the midweek pricing session.  The cobalt metal price dropped by 8,000 yuan at the high end, which usually represents the...

Published

Susan Zou

July 08, 2019

12:12 GMT

Shanghai