The domestic cobalt price fell in shock this week

According to the data monitoring of SunSirs, as of December 12, the average domestic cobalt price was 329,700 RMB/ton, down 1.41% from 334,400 RMB/ton on December 4. The international cobalt price fell sharply, the cobalt salt price fell in shock, and the domestic cobalt price fell in shock.

MB price dropped sharply

It can be seen from the MB price trend chart that the MB price fell sharply this week, the international cobalt price fell sharply, the cobalt market was negative, and the domestic cobalt price was dragged down.                                                                                                                           

Cobalt salt price fell

It can be seen from the cobalt salt price trend chart that since November, the cobalt salt price declined slightly, the cobalt market weakened, the cobalt market was negative, and the pressure on the cobalt price to fall has increased.

Market outlook

According to the data analysts of SunSirs, the international cobalt price fell sharply this week, the cobalt salt price fell, and the cobalt market was negative. In the future, the supply of cobalt market is sufficient, and the demand is temporarily stable. It is expected that the cobalt market will be weak and adjusted in the future.

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