SunSirs: August 5: Domestic Cobalt Market Stagnates in Weak Stability
August 06 2025 09:11:47
|
Variety/Specification |
Quote market/region |
Quote |
Average price |
Up and down |
Unit |
|---|---|---|---|---|---|
|
1# Cobalt |
Guangdong South Storage Spot |
253000-273000 |
263000 |
-1000 |
RMB/ton |
|
1# Cobalt |
Shanghai Metal Network |
265000-276000 |
270500 |
-1000 |
RMB/ton |
|
Electrolytic cobalt (99.8%) |
Shanghai Huatong Spot |
265000-274000 |
269500 |
-500 |
RMB/ton |
|
Cobalt (250kg/barrel 99.95%) |
Domestic/Zambia |
260000-272000 |
266000 |
-2000 |
RMB/ton |
|
Cobalt powder (-200 mesh, domestic) |
Shanghai area |
275000-290000 |
282500 |
2500 |
RMB/ton |
|
Electrolytic cobalt |
Shanghai Jinzang (Domestic Delivery) |
260000-258000 |
258000 |
-2000 |
RMB/ton |
On August 5, the domestic cobalt metal quotation was 254,000-278,000 RMB/ton, with a decrease in quotation and a decline in the cobalt market. The output, installation volume and sales of ternary batteries grew slowly, and the demand in the cobalt market grew slowly. The Congolese gold and cobalt export ban led to a decrease in the import supply of Congolese gold and cobalt raw materials, and an increase in the export of Indonesian cobalt intermediates to make up for part of the shortage of cobalt raw materials. The overall supply of the cobalt market decreased, the price of cobalt salts fluctuated upward, and the price of lithium cobaltate was temporarily stable, which was still positive for the cobalt market. The international cobalt price fluctuated and consolidated, and the positive impact on the domestic cobalt market remained. The overall upward momentum of the cobalt market weakened, and the downward pressure still existed.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-08-07 SunSirs: On August 6, the Domestic Cobalt Market Weakly Stabilized
- 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
