Cobalt Market Report September 2014
2014-10-23 18:52:58 【Print】
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In September, both cobalt market performances in domestic and international market turned out to be poor
. Cobalt metal prices in global market have fallen down slightly and participants reported surprisingly sluggish demand from downstream market . In the meanwhile, many cobalt salts in domestic market, such as cobalt chloride and cobalt tetroxide prices dropped continually, affected by decreasing cobalt metal prices . Moreover, sporadic transactions being concluded leading to less confidence in future market according to some cobalt salts producers . It’s explained that some consumers replenished stocks in July and August and were in no hurry to make purchases, holding a wait-and-see attitude towards future market.