• Tungsten APT 88.5%min FOB Chinaup(20)  09-19|Tungsten Scrap CNC Cutting Blades 70%min Ex-VAT Delivered Chinadown(-12)  09-19|Tungsten Scrap Drills 88%min Ex-VAT Delivered Chinadown(-12)  09-19|Spodumene Li2O 5%min In port Chinaup(30)  09-19|Tungsten Ore WO3 50%min FOB Africaup(13)  09-19|Antimony Trioxide 99.5%min In warehouse Rotterdamdown(-1.3)  09-19|Tungsten APT 88.5%min In warehouse Rotterdamup(15)  09-19|Praseodymium Oxide 99.5%min FOB Chinaup(2500)  09-19|Tungsten Oxide WO3 99.95%min FOB Chinaup(15)  09-19|Neodymium Oxide 99.5%min FOB Chinaup(2500)  09-19|Tungsten Scrap THA 90%min Ex-VAT Delivered Chinadown(-10)  09-19|Ferro-silicon 75%min In warehouse Pittsburghdown(-0.03)  09-19|Spodumene Li2O 3%min In port Chinaup(20)  09-19|Bismuth Ingot 99.99%min EXW Chinaup(3000)  09-19
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    Monthly Cobalt Market Report Nov 2019

    2019-12-13 18:15:27   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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    1 Market Highlights

    Cobalt offers on MB (Metal Bulletin) continued to drop this month, and Chinese cobalt market was sluggish. Smelters continued to force down raw materials prices, leading to lower cobalt raw material discount coefficient.

    With scarce transactions in alloy and magnet industries, consumers purchased raw material cobalt metal with caution, so cobalt metal and cobalt powder prices dropped.

    With LNCMO battery plants running at low operating rate, LNCMO market saw limited transactions and precursor plants only purchased raw material cobalt sulfate in small volumes, so cobalt sulfate prices were hard to keep stable.

    With 3C market in the low season, transactions of LCO were limited, leading to less demand for raw materials cobalt chloride and cobalt tetroxide, so prices for the two materials fell under pressure.

    With limited transactions in ceramic industry, producers showed little interest in purchases of raw material cobalt oxide, resulting in scarce transactions and lower prices for cobalt oxide.

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