Price trend

On December 25th, the domestic price of cobalt metal was 158,000-191,000 RMB/ton, and the price fell, causing a decline in the cobalt market.

Analysis review

The production and sales of ternary batteries have grown slowly, while the demand for cobalt in the market remained stable; the supply of imported cobalt raw materials was stable and supply in the cobalt market was sufficient; The recovery of cobalt salt supply has led to a fluctuating decline in cobalt salt prices and lithium cobalt oxide prices, stabilizing the cobalt market; The international cobalt price was fluctuating and stabilizing, which still posed a negative impact on the domestic cobalt market; The overall cobalt market had weak upward momentum, and downward pressure still existed.

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