China’s cobalt sulfate, tetroxide prices continue to slide on weak demand.

Weakening demand from downstream buyers continued to add pressure to China’s cobalt salts market in the week to Wednesday November 22, with cobalt sulfate and cobalt tetroxide prices both posting week-on-week declines, sources told Fastmarkets.

Cobalt sulfate prices in China have fallen so far in November because downstream precursor producers have no buying appetites due to equally weak demand from the battery industry, they added.

Published

Carrie Shi

November 23, 2023

10:15 GMT

Beijing