Currently, the mainstream of cobalt powder production enterprises in China temporarily maintain price stability,
CAS 51889-44-2, in which 99.8% cobalt powder price 350000-360000 yuan / ton (24.43-25.12 U.S. dollars / pounds).
However, the feedback sources, some manufacturers will continue to dive because of fears eager to cash prices, the market has been from the start on Friday, is a low price, a small amount of trading in the 330,000 yuan / ton price reached.
A large cobalt production in Western enterprises, annual production capacity of 10,000 tons, confirmed that its offer remained stable at 350,Octylferrocene price,000 yuan / ton.
"It is said that 8% of cobalt ore in Africa to price stability in the 13.5-14 U.S. dollars / pound, to our smelting enterprises, cost pressures still can not be underestimated, we need to at least ensure that profit,
fine chemicals suppliers," the producer said.
Another manufacturer of cobalt powder south, the annual supply of 1,500 tons, confirmed that market fundamentals stabilize.
Even if the market is now low price, and selling phenomenon, the manufacturer refused to lower than 360,000 yuan / ton for sale.
"Panic price move will only intensify, leading to economic losses, sales of no help to promote positive role," he said.
Another cobalt producer in east China, the annual output of 500 tons of cobalt powder, make sure the mainstream market price 350000-360000 yuan / ton, but he has been suspended on the spot buyers offer.
He pointed out that many domestic manufacturers are in the expansion process, the global surplus production capacity of 15,000 tons last year, this year the situation is still not optimistic on the current market, there is no price guide,
Octylferrocene, as prices have seriously deviated from its value.
"The market needs time to regain confidence, we need to ensure that profits smelting enterprises," he said. Source: www.mhcfm.com
