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 September 26th
September 27 2024 11:03:05SunSirs(John)

Price trend

On September 26th, the domestic price of cobalt metal was 160,000-183,000 yuan/ton, with an increase in price.

Analysis review

The cobalt market has rebounded, with the production and sales of ternary batteries increasing on a month on month basis; Emerging markets such as digital wearables were growing slowly, and demand growth in the cobalt market was limited; The import volume of cobalt raw materials has increased, and the supply in the cobalt market was sufficient; The recovery of cobalt salt supply and the fluctuation of cobalt salt prices have led to a weak adjustment in lithium cobalt oxide prices, which was bearish for the cobalt market; The strong adjustment of international cobalt prices still posed a negative impact 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