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SunSirs: Summary of Domestic Cobalt Market Conditions on February 6

February 06 2025 15:07:08     

Variety/Specification

Quotation Market/Region

Quotation

Average price

Rises and falls

unit

1# Cobalt

Guangdong Southeast Storage Spot

157000-177000

167000

0

RMB/ton

1# Cobalt

Shanghai Metal Network

156000-178000

167000

0

RMB/ton

Electrolytic cobalt (99.8%)

Shanghai Huatong spot

151000-176000

163500

-1000

RMB/ton

Cobalt (250kg/barrel 99.95%)

Domestic/Zambia

150000-177000

163500

0

RMB/ton

Cobalt powder (-200 mesh, domestically produced)

Shanghai area

164000-167000

165500

0

RMB/ton

Electrolytic cobalt

Shanghai Jinzang (domestic delivery)

145000-145000

145000

0

RMB/ton

On February 6, the domestic metal cobalt quotation was 150,000-178,000 RMB/ton. The quotation stabilized, the cobalt market stabilized, the production and loading volume of ternary batteries grew slowly, and the demand in the cobalt market was stable ; the import source of cobalt raw materials was stable, and the cobalt market was stable Sufficient supply; cobalt salt supply recovers, cobalt salt prices are weakly consolidated, lithium cobalt oxide prices fluctuate and consolidate, which fluctuate and stabilize the cobalt market; international cobalt prices fluctuate and stabilize, which still remain negative for domestic cobalt market; overall cobalt market rises The pressure to weaken and the downward pressure remains.

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