COBALT HYDROXIDE SNAPSHOT: Lower offers, Mutanda closure encourage more spot buying

Key data from the Wednesday November 27 pricing session in Shanghai and London.

Key drivers

Sellers further cut their offers for cobalt hydroxide payables - the percentage of the metal price paid to procure intermediates - in doing so, encouraging larger tonnage purchases than in recent weeks. Market sources reported improved interest for January...


Charlotte Radford

Susan Zou

November 28, 2019

06:25 GMT

Shanghai, London