LME committee lifts three-month official Co prices by 12%

Dec 22, 2010 | 01:39 PM |

The quotations committee at the London Metal Exchange raised the valuation of three-month official cobalt prices by 12 percent Wednesday, although no three-month business was done in the ring, market sources said.

The committee put three-month cobalt at $44,000 per tonne ($19.96 per pound) Wednesday, up from $37,650 per tonne ($17.07 per pound) Tuesday. ....

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