Cobalt Market Report August 2014
2014-09-26 18:37:03 【Print】
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Compared to the continual uptrend in prices in July, cobalt metal prices in August largely held firm
. Some cobalt products prices increased slightly early on, buoyed by successive upticks in cobalt metal prices over the past month . In late August, the prices of most cobalt products remained stable with poor demand and sporadic spot transactions . Prices for most cobalt products, including cobalt metal, didn’t pick up as expected, because downstream demand hadn’t shown any improvement by the end of the month . The European cobalt market remained quiet during August, too, but there was a slight increment in North American cobalt metal prices as a result of tightening supply and Russian sanctions.