Participants question sustainability of uptrend in Chinese cobalt sulfate prices after further gains

China’s cobalt sulfate market strengthened further on Wednesday July 12 with more producers consistently raising their offers, but some sources are starting to question how long the upward momentum will last.

Fastmarkets’ twice-weekly price assessment for cobalt sulfate 20.5% Co basis, exw China, was 46,000-47,000 yuan ($6,405-6,544) per tonne on Wednesday, up by 2,000 yuan per tonne from 44,000-45,000 yuan per...


Carrie Shi

July 13, 2023

15:37 GMT