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Home > Cobalt News > News Detail
Cobalt News
SunSirs: On April 22, the Domestic Cobalt Market is Weakly Consolidated
April 23 2025 14:08:44()

Variety/Specification

Quotation Market/Region

Quotation

Average price

Rises and falls

unit

1# Cobalt

Guangdong Southeast Storage Spot

230000-250000

240000

0

RMB/ton

1# Cobalt

Shanghai Metal Network

223000- 260 000

241500

0

RMB/ton

Electrolytic cobalt (99.8%)

Shanghai Huatong spot

231000-251000

241000

0

RMB/ton

Cobalt (250kg/barrel 99.95%)

Domestic/Zambia

230000-262000

246000

0

RMB/ton

Cobalt powder (-200 mesh, domestically produced)

Shanghai area

250000-268000

259000

0

RMB/ton

Electrolytic cobalt

Shanghai Jinzang (domestic delivery)

228000-225000

225000

-3000

RMB/ton

On April 22, the domestic metal cobalt quoted 223,000-262,000 RMB/ton, the quotation stabilized, the cobalt market stabilized, the production of ternary batteries and loading volume and sales volume increased , and the demand for the cobalt market increased ; the Kindu cobalt export was banned from the Kinth Congo, the import of cobalt raw materials decreased, the export of Indonesia's cobalt intermediate products increased, making up for the shortage of cobalt raw materials, and the supply of cobalt market tightened; the supply of cobalt salt was sufficient, the price of cobalt salt stabilized, and the price of lithium cobalt oxide stabilized, and the favorable price of cobalt market remained; the international cobalt price fluctuated and stabilized, and the favorable price of domestic cobalt market weakened; the overall cobalt market growth momentum still had downward pressure.

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