Trade log October 2019: Cobalt sulfate

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

Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.
The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.
Fastmarkets prices
Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5% basis, China ex-works, yuan/tonne
Click here for Fastmarkets' price assessment for the cobalt sulfate, Co 20.5% basis China ex-works, adjustment to the standard-grade cobalt low-end price, $/Ib
Click here for the formula used to calculate the cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price, $/Ib.
The exchange rate on Wednesday October 30 at 52,000 yuan to $7,357.
Wednesday October 30
New price at 52,000-55,000 yuan per tonne (discount at $2.28-3.11 per lb)

Offer at about 53,000-54,000 yuan per tonne

Price indicated at 54,000...

Published

Susan Zou

October 31, 2019

02:03 GMT

Shanghai