Chinese demand for both refined cobalt and lithium carbonate is low right now as buyers wait to see if foreign metal prices will drop
As reported by Shanghai Metals Market: “SMM expects domestic premiums of refined cobalt against prices of cobalt sulphate to fall, and the spread with overseas prices of cobalt to narrow as the foreign market declines. Domestic prices of lithium salts will face downward pressure as demand falls…”
To continue reading, click here to read Shanghai Metals Market’s full article.
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