SunSirs: On May 28, the Domestic Cobalt Market is Weakly Consolidated
May 29 2025 14:41:34     
Specification |
Quotation Market/Region |
Quotation |
Average price |
Rises and falls |
unit |
---|---|---|---|---|---|
1# Cobalt |
Guangdong Southeast Storage Spot |
228000-248000 |
238000 |
0 |
RMB/ton |
1# Cobalt |
Shanghai Metal Network |
236000- 250 000 |
243000 |
-500 |
RMB/ton |
Electrolytic cobalt (99.8%) |
Shanghai Huatong spot |
222000-248000 |
235000 |
0 |
RMB/ton |
Cobalt (250kg/barrel 99.95%) |
Domestic/Zambia |
222000-248000 |
235000 |
1000 |
RMB/ton |
Cobalt powder (-200 mesh, domestically produced) |
Shanghai area |
250000-265500 |
257500 |
-500 |
RMB/ton |
Electrolytic cobalt |
Shanghai Jinzang (domestic delivery) |
215000-216000 |
216000 |
1000 |
RMB/ton |
On May 28, the domestic metal cobalt quoted 222,000-250,000 RMB/ton, the price weakly stabilized, the cobalt market was weakly consolidated, the production of ternary batteries and loading volume and sales volume increased , and the demand for the cobalt market increased ; the Kindu cobalt export was banned from the Kinth Congo, the import of cobalt raw materials decreased, and the export of Indonesia's cobalt intermediate products increased, making up for the shortage of cobalt raw materials, and the overall supply of cobalt market was sufficient; the supply of cobalt salt was sufficient, the price of cobalt salt fell weakly, and the price of lithium cobalt oxide fell weakly, which weakened the favorable price of cobalt market; the international cobalt price fluctuated and fell, which weakened the favorable price of domestic cobalt market; the overall cobalt market trend weakened and the downward pressure remained.
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