Co Prices Firm but No Pick up in Business

  • Monday, June 24, 2013
  • Source:Ferro-alloys.com

  • Keywords:Co Cobalt
[Fellow][Ferro-Alloys.com]Even though spotcobalt business has not picked up noticeably, prices have firmed. The reason is that cheap material is not readily available to traders.
[Ferro-Alloys.com]Even though spotcobalt business has not picked up noticeably, prices have firmed. The reason is that cheap material is not readily available to traders. Producers reportedly are well sold. Several traders said they were having trouble finding cobalt at below $14 per lb. Some sales of off-grade Russian cobalt gave the impression prices were retreating, said a trader, but last week, prices for 99.8% Co narrowed to $14.25-14.50 per lb compared to $13.90-14.50, and some traders believe prices could rise to $15 in the next month. Mid-grade cobalt sales were booked at slightly above $14.
 
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:editor]

Related News

·The Nickel Ores Market Maintained Standard except the Low Ni Ores-...06-21
·The Stainless Steel Stock in Chinese Wuxi Market in Early of June ...06-21
·Chinese Magnesium Market Ran Weakly06-21
·Tisco Cut Down the Stainless Steel Benchmark Price in July-China06-20
·Chinese Ferrosilicon Market Temporarily Stabilized with Some Produ...06-20

Tell Us What You Think

please login!   login   register
Please be logged in to comment!