Cobalt prices rangebound despite underlying pressure

Dec 09, 2009 | 11:59 AM |

Cobalt prices remain around $18 to $19 a pound as those buying at lower prices scrap it out with sellers at higher levels.

"It's like the San Andreas rift," one trader said. "The cobalt market may not look as though it's moving much but below the surface there is an awful lot of....





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This whole thing is becoming a game of smoke.

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