Cobalt Market Report January 2014
2014-02-19 17:55:20 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
After the Christmas period, market participants returned to the market seeking to replenish stocks as they had largely cleared out most of their material before the end of 2013
. Demand for cobalt metal moved up with the market started to become rather active . However production plants in Africa are still haunted by the power issues and production in Africa is still struggling to supply material at the level required . From mid-January, the market witnessed the cobalt metal price continuing to move up . Chinese suppliers also raised their offering price for cobalt metal and cobalt tetroxide, following the uptrend of the cobalt metal price in Europe . Leading up to the Chinese Spring Festival, the Chinese cobalt market remained quiet compared with overseas markets.