SunSirs: Summary of Domestic Cobalt Market Trends on December 11th
December 12 2024 11:28:39 SunSirs (John)
Price trend
On December 11th, the domestic price of cobalt metal was 165,000-191,000 RMB/ton, with weak consolidation in the price.
Analysis review
The cobalt market was experiencing a weak adjustment, with slow growth in the production and sales of ternary batteries, and stable demand in the cobalt market; Stable supply of imported cobalt raw materials and sufficient supply in the cobalt market; The recovery of cobalt salt supply, the stabilization of cobalt salt prices, and the fluctuation of lithium cobalt oxide prices led to a consolidation of the cobalt market; The international cobalt price was fluctuating and consolidating, 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.
- 2025-04-01 SunSirs: On March 31st, the Domestic Cobalt Market Fluctuated and Consolidated
- 2025-03-31 SunSirs: On March 28th, the Domestic Cobalt Market Fluctuated and Consolidated
- 2025-03-28 SunSirs: On March 27th, the Domestic Cobalt Market Fluctuated and Consolidated
- 2025-03-27 SunSirs: On March 26th, the Domestic Cobalt Market Fluctuated and Consolidated
- 2025-03-24 SunSirs: On March 21st, the domestic cobalt market experienced a weak decline
