SunSirs: Summary of Domestic Cobalt Market Trends on December 19th
December 20 2024 14:14:10 SunSirs (John)
Price trend
On December 19th, the domestic price of cobalt metal was 161,000-191,000 RMB/ton, showing a weak consolidation trend.
Analysis review
The cobalt market was weak and declining, 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 supply of cobalt salts has recovered, and the prices of cobalt salts have fluctuated and fallen. The prices of lithium cobalt oxide have also fluctuated and fallen, causing a volatile decline in the cobalt market; The international cobalt price has fluctuated and fallen, which still posed a negative impact on the domestic cobalt market; The overall cobalt market had weak upward momentum, and downward pressure still existed.
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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
