Refined cobalt prices continued to fall in the week ending March 28. Overall, supply was slightly tight and smelters held limited stocks. Peak season underperformed, and inquiries were scarce. Tepid demand recovery and the fact that smelters remain profitable suggest a bearish price outlook.
Refined cobalt prices remain bearish
- Mar 28, 2024, at 5:03 pm
- SMM
Refined cobalt prices continued to fall in the week ending March 28.
