SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Customer
Service
Home > Cobalt News > News Detail
Cobalt News
SunSirs: Summary of Domestic Cobalt Market Trends on November 13th
November 14 2024 15:31:38SunSirs(John)

Price trend

On November 13th, the domestic price of cobalt metal was 166,000-191,000 RMB/ton, with fluctuating and rising prices.

Analysis review

The cobalt market was fluctuating and rising, with slow increases in the production and sales of ternary batteries; Emerging markets such as digital wearables were growing slowly, while demand in the cobalt market remained stable; Stable import of cobalt raw materials and sufficient supply in the cobalt market; The supply of cobalt salts had recovered, and the price of cobalt salts hasd fluctuated and risen. The price of lithium cobalt oxide had stabilized, which led to a strong consolidation of the cobalt market; The international cobalt price fluctuated and consolidated, weakening the bearish sentiment on the domestic cobalt market; The overall cobalt market had increased its upward momentum, but downward pressure still existed.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products