SunSirs--China Commodity Data Group

Language

日本語

한국어

русский

deutsch

français

español

Português

عربي

türk

中文

Sign In

Join Now

Contact Us

Home > Cobalt News > News Detail
Cobalt News

SunSirs: Summary of Domestic Cobalt Market Trends on October 25th

October 28 2024 14:14:03SunSirs(John)

Price trend

On October 25th, the domestic metal cobalt quotation was 161,000-191,000 RMB/ton, with a weak adjustment in the quotation and a weak adjustment in the cobalt market.

Analysis review

The production and sales volume of ternary batteries were slowly increasing; 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 had fluctuated and fallen. The price of lithium cobalt oxide had also fallen, which had led to a decline in the cobalt market; The international cobalt price fluctuated and consolidated, weakening the bearish sentiment on the domestic cobalt market; The overall upward momentum of the cobalt market had weakened, and 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