Fabled Silver Gold Corp T.FCO

⬆️👆⬆️👆⬆️👆☑️Cobalt Rally Continues☑️👆⬆️👆⬆️👆⬆️

[JulianAssange]

Cobalt rally continues; moderated by scrap buying, early delivery requests

Cobalt prices made further gains last week, but the rally was kept in check by buyers able to satisfy some of their requirements by purchasing scrap and pulling forward contracted volumes.

Metal Bulletin’s benchmark price assessment for low-grade cobalt was $38.50-39.30 per lb, in-warehouse, on Friday February 23, up from $38.15-39.30 per lb midweek, and $38-39.30 a week earlier.  High-grade cobalt prices rose to $38.50-39.40 per lb on Friday. Prices had been stable on Wednesday at $38.20-39.40. Price gains were more pronounced in the second half of the week after Chinese market participants returned from the Lunar New Year holidays

https://www.metalbulletin.com/Article/3790178/Search-results/Cobalt-rally-continues-moderated-by-scrap-buying-early-delivery-requests.html