SunSirs: On April 10th, the Domestic Cobalt Market Fluctuated and Fell
April 11 2025 09:09:23 SunSirs (John)
Price trend
On April 10th, the domestic price of cobalt metal was 214,000-257,000 RMB/ton, with fluctuating prices and a weak decline in the cobalt market.
Analysis review
The production and sales of ternary batteries have grown slowly, while the demand for cobalt in the market remained stable; The export of cobalt from the Democratic Republic of Congo waws prohibited, leading to a decrease in the supply of cobalt raw materials and a tightening of the cobalt market supply; The tight supply of cobalt salts has led to a weak decline in cobalt salt prices and a decrease in lithium cobalt oxide prices, which has weakened the positive outlook for the cobalt market; The international cobalt price was fluctuating and stabilizing, which weakened the bullish trend for the domestic cobalt market; The overall upward momentum of the cobalt market has weakened, and downward pressure still existed.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2026-01-15 SunSirs: The Growth in Production and Sales of New Energy Vehicles Is Positive for Cobalt Prices
- 2026-01-13 SunSirs: The Impact of U.S.–Venezuela Tensions on Non-Ferrous and Precious Metals Markets
- 2026-01-13 SunSirs: On January 13th, the Domestic Cobalt Market Is Weakly Consolidating
- 2026-01-09 SunSirs: Can Digital Mining Save China from a 10x Critical Minerals Shortfall by 2050?
- 2026-01-06 SunSirs: Cobalt Prices Surged in 2025, and Here's the Outlook for Cobalt Price Trends in 2026
