SunSirs: Summary of Domestic Cobalt Market Trends on December 20th
December 23 2024 15:24:03 SunSirs (John)
Price trend
On December 20th, the domestic metal cobalt price was 161,000-191,000 RMB/ton, with weak consolidation and a weak decline in the cobalt market.
Analysis review
The production and sales of ternary batteries had grown slowly, while the demand for cobalt in the market remained stable; The supply of imported cobalt raw materials was stable and supply in the cobalt market was sufficient; The supply of cobalt salt had recovered, and the price of cobalt salt had fluctuated and fallen. The price of lithium cobalt oxide had fluctuated and stabilized, causing a volatile decline in the cobalt market; The international cobalt price had 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.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-07-24 SunSirs: Domestic Cobalt Market Prices Fluctuated on July 24th.
- 2025-07-18 SunSirs: On July 17th, the Domestic Cobalt Market Experienced Weak Consolidation
- 2025-06-20 SunSirs: On June 19, the Domestic Cobalt Market was Weak and Consolidated
- 2025-06-17 SunSirs: On June 16th, the Domestic Cobalt Market Stabilized
- 2025-06-05 SunSirs: On June 5, the Domestic Cobalt Market Fell Weakly
