Wider spread in Chinese cobalt metal price sparks import interest

Jun 02, 2009 | 09:56 AM |

Some cobalt market players in China are considering importing the metal as the spread between international and domestic prices widens.

"The cost of cobalt metal importing is around 240,000 yuan ($35,149) per tonne now, which compares with cobalt metal prices of at least 278,000 yuan per tonne in China," a Shanghai-based trader said.....

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