Cobalt prices fall further on aggressive selling
Jun 13, 2012 | 10:57 AM
|
Aggressive selling, particularly by traders, and anticipation of a summer business lull has fuelled further price falls for cobalt this week.
Inching closer to the levels seen in March, low-grade prices dropped to $13.40-14.45 per lb on Wednesday June 13 from 13.60-14.60 per lb previously.
High-grade prices dropped to $13.80-14.80 on Wednesday, down from $14-15 on Friday June 9.
Several market participants expect the summer months to....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here