Jinchuan raises colbalt price- THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE -
- FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY -
Re:
Cobalt News - Wednesday, February 04, 2009
Title:
Jinchuan raises cobalt price by 9%
Publisher:
Metal Pages
BEIJING (Metal-Pages) 03-Feb-09. The major Chinese cobalt producer Jinchuan Group raised its website offer prices for cobalt metals yesterday afternoon by another Rmb 30,000/tonne, after two price increases during the first half of January.
The Gansu-based company is quoting Rmb 350,000/tonne
($23.26/lb) for 99.8% cobalt metal, up from Rmb 320,000/tonne which has been in place since 12 January.
Its website offer price for the plate shaped cobalt metal has also moved up to Rmb 348,500/tonne
($23.16/lb), also representing an increase of Rmb 30,000/tonne from the previous Rmb 318,500/tonne basis.
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Message sent on Tue Feb 3, 2009 at 3:55:34 PM Pacific Time