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Platts reported that the seasonal slowdown in the market, coupled with weak global demand have left cobalt prices to continue to drift off.
Platts reported that the seasonal slowdown in the market, coupled with weak global demand have left cobalt prices to continue to drift off. Spot market cobalt prices, however, is starting to catch up to where traders were talking about a few weeks ago.
One London-based trader commented:
Prices are drifting off. I see it continuing to scrape along the bottom.
