SunSirs: Summary of Domestic Cobalt Market Trends on December 23rd
December 24 2024 10:28:06 SunSirs (John)
Price trend
On December 23rd, the domestic metal cobalt quotation was 161,000-191,000 RMB/ton, and the quotation stabilized, indicating a stable cobalt market situation.
Analysis review
The production and sales of ternary batteries have 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 salts has recovered, and the price of cobalt salts has fluctuated and stabilized. The price of lithium cobalt oxide has also fluctuated and stabilized, which had a stabilizing effect on the cobalt market; The international cobalt price was fluctuating and stabilizing, 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.
- 2025-06-05 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
