Latest Update in the China Cobalt Market

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on January 22, 2021

The dollar fell for a third straight session on Thursday, with investors seeking out higher-yielding currencies, as a slew of better-than-expected US data and continued optimism about a massive stimulus package spurred hopes of a recovery in the world's largest economy.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on January 21, 2021

The dollar fell against most currencies on Wednesday, as risk appetite held up on optimism about a massive stimulus package under the new Joe Biden administration that will likely bolster a US economic recovery.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on January 20, 2021

The dollar dropped for a second straight session on Tuesday, with broader risk appetite turning more positive, as investors cheered comments from U.S. Treasury Secretary nominee Janet Yellen on the need for major fiscal stimulus.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on January 19, 2021

The dollar clung to gains on Monday and the Japanese yen edged higher as softening US economic data and rising global coronavirus cases kept investors cautious, while lockdowns and Italian political turmoil held the euro under pressure.