Price Spread of Refined Cobalt Expands in China

Transaction of refined cobalt was sluggish in China, and price spread of cobalt expanded. Supply of refined cobalt from Jinchuan Group and Zambia was relatively tight, and prices were relatively high. Mainstream traded prices of refined nickel from Jinchuan Group were between RMB 405,000-410,000/mt, and mainstream traded prices of refined cobalt from Zambia were between RMB 385,000-390,000/mt. Supply of Sherrit and Kcc brand cobalt was relatively ample, and mainstream traded prices were between RMB 360,000-375,000/mt.

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