China cobalt metal exports rise in June; imports of intermediates down

Chinese cobalt metal exports jumped up in June due to strong overseas traders’ buying appetites on appealing arbitrage profits, Fastmarkets learned.

A total of 279 tonnes of cobalt metal were shipped outside China in June, up by 6.4% from 170 tonnes in May, according to official, but unconfirmed, data seen by Fastmarkets. The spike in metal outflows in June also brought total exports of the blue metal from China to 530 tonnes in the second quarter, compared to 348 tonnes...

Published

Susan Zou

July 31, 2019

10:48 GMT

Shanghai