Cobalt Market Report January 2014

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.Asian Metal Copyright Leading up to the Chinese Spring Festival, the Chinese cobalt market remained quiet compared with overseas markets.Asian Metal Copyright Demand for cobalt metal moved up with the market started to become rather active.Asian Metal Copyright Chinese suppliers also raised their offering price for cobalt metal and cobalt tetroxide, following the uptrend of the cobalt metal price in Europe.Asian Metal Copyright 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.Asian Metal Copyright Leading up to the Chinese Spring Festival, the Chinese cobalt market remained quiet compared with overseas markets.Asian Metal Copyright From mid-January, the market witnessed the cobalt metal price continuing to move up.Asian Metal Copyright Leading up to the Chinese Spring Festival, the Chinese cobalt market remained quiet compared with overseas markets.Asian Metal Copyright Chinese suppliers also raised their offering price for cobalt metal and cobalt tetroxide, following the uptrend of the cobalt metal price in Europe.Asian Metal Copyright 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.Asian Metal Copyright Leading up to the Chinese Spring Festival, the Chinese cobalt market remained quiet compared with overseas markets.
.Asian Metal Copyright Leading up to the Chinese Spring Festival, the Chinese cobalt market remained quiet compared with overseas marketsAsian Metal Copyright