COBALT HYDROXIDE SNAPSHOT: Suppliers cut payable offers to revive spot trade

Key data from Wednesday November 7 pricing session in Shanghai and London.



Key drivers 

Cobalt hydroxide payables dropped at the start of November after suppliers cut their offer prices to encourage spot buying; spot trade has been slow since China’s Golden Week holidays in early October.  Chinese consumers have either stood on the sidelines or made aggressive bids (based on refinery netbacks)...

Published

Charlotte Radford

Susan Zou

November 07, 2019

12:04 GMT

Shanghai, London