China's low cobalt prices signal bleak outlook for 2012

Dec 14, 2011 | 10:35 PM |

China’s cobalt market remains bleak ahead of the year-end, although prices are unlikely to fall much further, according to market participants. Prices of imported cobalt metal were about 235,000 yuan ($36,696) per tonne, with a few deals done at 230,000-233,000 yuan per tonne. Domestic cobalt metal traded....

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