COBALT SNAPSHOT: Prices nudge higher after SRB news breaks spot ‘stalemate’

摘要

Key data from the Tuesday September 15 pricing session in London.? Cobalt metal prices edge higher; cheaper offers fade with some sellers setting their new target prices closer to $16 per lb citing a well-underpinned market on news that China’s State Reserve Bureau will begin stockpiling metal. Lack of clarity on SRB purchasing volumes and timing limits upside for now.