Monthly Cobalt Market Report May 2019

In May, Chinese cemented carbide market was frustrated by U.Asian Metal Copyright The cobalt market was covered by pessimistic sentiment and consumers mainly purchased on the basis of orders, so cobalt tetroxide prices were hard to keep stable.Asian Metal CopyrightS.Asian Metal Copyright The cobalt market was covered by pessimistic sentiment and consumers mainly purchased on the basis of orders, so cobalt tetroxide prices were hard to keep stable.Asian Metal Copyright tariff raise, so the demand for cobalt metal decreased and consumers were reluctant to purchase, leading to limited transactions and lower prices for cobalt metal and cobalt powder.Asian Metal Copyright Consumers purchased less raw materials of cobalt oxide and cobalt monoxide, leading to decreased prices.Asian Metal Copyright Affected by lower cobalt metal prices, those for cobalt salts were hard to keep stable, so prices for cobalt sulfate and cobalt tetroxide went down in succession.Asian Metal Copyright Besides, 3C electronics market entered into the traditional off season and the demand for cobalt tetroxide and cobalt chloride decreased.Asian Metal Copyright With the grace period of new energy subsidy to expire soon, the power vehicle market saw limited transactions, leading to weak demand for cobalt sulfate from LNCMO producers, so cobalt sulfate prices dropped.Asian Metal Copyright Besides, 3C electronics market entered into the traditional off season and the demand for cobalt tetroxide and cobalt chloride decreased.Asian Metal Copyright Besides, 3C electronics market entered into the traditional off season and the demand for cobalt tetroxide and cobalt chloride decreased.Asian Metal CopyrightS.Asian Metal Copyright The cobalt market was covered by pessimistic sentiment and consumers mainly purchased on the basis of orders, so cobalt tetroxide prices were hard to keep stable.Asian Metal Copyright Consumers purchased less raw materials of cobalt oxide and cobalt monoxide, leading to decreased prices.Asian Metal Copyright Orders of cobalt oxide and cobalt monoxide slightly dropped as the downstream ceramic industry was impacted by environmental inspections.Asian Metal Copyright Orders of cobalt oxide and cobalt monoxide slightly dropped as the downstream ceramic industry was impacted by environmental inspections.Asian Metal Copyright Consumers purchased less raw materials of cobalt oxide and cobalt monoxide, leading to decreased prices.
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