SunSirs: Summary of Domestic Cobalt Market Trends on December 12th
December 13 2024 10:23:22 SunSirs (John)
Price trend
On December 12th, 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; The supply of imported cobalt raw materials was stable and supply in the cobalt market was sufficient; The recovery of cobalt salt supply, the stabilization of cobalt salt prices, and the fluctuation of lithium cobalt oxide prices had 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.
- 2025-10-14 SunSirs: The Domestic Cobalt Market Rises on October 14
- 2025-10-14 SunSirs: Cobalt Markets on Alert as DRC Enacts Sweeping Export Policy Changes
- 2025-09-28 SunSirs: Cobalt Prices Surge Sharply This Week
- 2025-09-24 SunSirs: Congo Introduces Quota System, Cobalt Prices Poised for Further Rise
- 2025-09-18 SunSirs: The Domestic Cobalt Market Was Consolidated on September 17
