“People who came back from the London Metal Exchange Week [on October 8-12] suggested the bearish sentiment strengthened during the yearly gathering as market participants have concerns over the abundant new supply in 2019,” a cobalt sulfate consumer said.
Furthermore, a number of consumers may have cashflow constraints near year-end, which limits their appetite for cobalt sulfate.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
