SMM

SHANGHAI, May 8 (SMM) – Cobalt sulphate prices dropped slightly last week. The overall ternary precursor market has not shown a significant improvement. Only a few precursor producers made purchases as their orders improved. Market inquiries picked up a little, with a few transactions being heard. Falling overseas refined cobalt prices have diminished the cost support to cobalt sulphate prices. Cobalt sulphate prices may inch lower this week.