SunSirs: Summary of Domestic Cobalt Market Trends on December 18th
December 19 2024 11:04:25 SunSirs (John)
Price trend
On December 18th, the domestic price of cobalt metal was 161,000-191,000 RMB/ton, with a weak decline in price.
Analysis review
The cobalt market was experiencing a decline, with slow growth in the production and sales of ternary batteries, while the demand for cobalt remains stable; Stable supply of imported cobalt raw materials and sufficient supply in the cobalt market; The supply of cobalt salts has recovered, and the price of cobalt salts has fluctuated and stabilized. The price of lithium cobalt oxide has fluctuated and fallen, causing a volatile decline in the cobalt market; The international cobalt price has fluctuated and fallen, which has increased the negative impact on the domestic cobalt market; The overall cobalt market has weak upward momentum and increased downward pressure.
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- 2025-06-05 SunSirs: On June 5, the Domestic Cobalt Market Fell Weakly
- 2025-05-29 SunSirs: On May 28, the Domestic Cobalt Market is Weakly Consolidated
- 2025-05-22 SunSirs: On May 21st, the Domestic Cobalt Market Fluctuated and Fell
- 2025-05-13 SunSirs: On May 12th, the Domestic Cobalt Market Experienced Strong Consolidation
- 2025-05-08 SunSirs: On May 7th, the Domestic Cobalt Market Fluctuated and Consolidated
