Cobalt Market Report May 2016
2016-06-27 17:44:18
【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.
In May, while cobalt products prices in the international markets were stable, prices in the Chinese market slipped slightly.Asian Metal CopyrightIn May, while cobalt products prices in the international markets were stable, prices in the Chinese market slipped slightly.Asian Metal Copyright In spite of the decline, the latter still turned out to be higher than the former.Asian Metal Copyright And the news stirred up the most heated discussion was the one with “Freeport selling its Congo copper mine to China Molybdenum”, which indicated different expectations on cobalt products prices between domestic and overseas producers: most Chinese producers expect the prices to start to rebound at year end, while foreign producers disputed with that.Asian Metal Copyright And the news stirred up the most heated discussion was the one with “Freeport selling its Congo copper mine to China Molybdenum”, which indicated different expectations on cobalt products prices between domestic and overseas producers: most Chinese producers expect the prices to start to rebound at year end, while foreign producers disputed with that.Asian Metal Copyright Therefore, related participants think prices for cobalt products will be flat during June.Asian Metal Copyright With the approaching of the traditional summer break in July, cobalt market is about to embrace its slack season, during which supply for cobalt products will still be largely behind the demand as the market activity remained sporadic in May and demand for cobalt sulfate from ternary material industry has slowed down.Asian Metal Copyright With the approaching of the traditional summer break in July, cobalt market is about to embrace its slack season, during which supply for cobalt products will still be largely behind the demand as the market activity remained sporadic in May and demand for cobalt sulfate from ternary material industry has slowed down.Asian Metal Copyright Therefore, related participants think prices for cobalt products will be flat during June.Asian Metal Copyright In spite of the decline, the latter still turned out to be higher than the former.Asian Metal Copyright Besides, some producers hope the government could provide some support to the prices by making reservation.
.Asian Metal Copyright With the approaching of the traditional summer break in July, cobalt market is about to embrace its slack season, during which supply for cobalt products will still be largely behind the demand as the market activity remained sporadic in May and demand for cobalt sulfate from ternary material industry has slowed downAsian Metal Copyright