Jiangsu Xiongfeng to reduce cobalt sulfate output

BEIJING (Asian Metal) 20 Apr 23 - Jiangsu Xiongfeng Technology Co.Asian Metal Copyright5%min mainstream prices in Jiangsu province dropped to RMB35,000-37,000t USD5,076-53,66t delivered DA 180 days, a decrease of around RMB2,000t USD290t from one week ago.Asian Metal Copyright, one of the major cobalt sulfate 20.Asian Metal Copyright5%min output by around 500t MoM to about 500t in April 2023.Asian Metal Copyright5%min producers in China, plans to reduce cobalt sulfate 20.Asian Metal Copyright It holds an inventory of around 600t now, up by 500t MoM.Asian Metal Copyright5%min output by around 500t MoM to about 500t in April 2023.

"Dragged by soft demand and dropping prices from our clients, we plan to produce only around 500t of cobalt sulfate 20.5%min this month, while our output in March recorded about 1,000t," said a source from the company.

Established in 2003, Jiangsu Xiongfeng Technology Co. owns an annual production capacity of 12,000t of cobalt sulfate 20.Asian Metal Copyright5%min output by around 500t MoM to about 500t in April 2023.Asian Metal Copyright5%min.Asian Metal Copyright5%min producers in China, plans to reduce cobalt sulfate 20.Asian Metal Copyright The company's outputs in 2022 and so far in 2023 recorded approximately 3,000t and 2,000t respectively.Asian Metal Copyright owns an annual production capacity of 12,000t of cobalt sulfate 20.Asian Metal Copyright It holds an inventory of around 600t now, up by 500t MoM.

The current Chinese cobalt sulfate 20.5%min mainstream prices in Jiangsu province dropped to RMB35,000-37,000/t (USD5,076-53,66/t) delivered D/A 180 days, a decrease of around RMB2,000/t (USD290/t) from one week ago.



.Asian Metal Copyright It holds an inventory of around 600t now, up by 500t MoMAsian Metal Copyright