SunSirs: The Domestic Cobalt Market Rose on October 15
October 16 2025 14:08:04 SunSirs (John)
|
Variety/Specification |
Quote market/region |
Quote |
Average |
Change |
unit |
|
1# Cobalt |
Guangdong South Storage Spot |
356,000-376,000 |
366,000 |
0 |
RMB/ton |
|
1# Cobalt |
Shanghai Metal Network |
376,000-385,000 |
380,500 |
5,000 |
RMB/ton |
|
Electrolytic Cobalt (99.8%) |
Shanghai Huatong spot |
366,000-376,000 |
371,000 |
11,500 |
RMB/ton |
|
Cobalt (250kg/barrel 99.95%) |
Domestic/Zambia |
369,000-377,000 |
373,000 |
17,500 |
RMB/ton |
|
Cobalt powder (-200 mesh, domestic) |
Shanghai |
400,000-450,000 |
425,000 |
20,000 |
RMB/ton |
|
Electrolytic cobalt |
Shanghai Jinzang (Domestic Delivery) |
378,000-375,000 |
375,000 |
-1,000 |
RMB/ton |
Price trend
On October 15, the domestic cobalt metal price range was 356,000-385,000 RMB/ton. The price rose and the cobalt market stabilized strongly..
Analysis review
The output and installed capacity of ternary batteries grew slowly, and the demand in the cobalt market had grown slowly. The United States strategically reserved cobalt alloys, and the demand in the international cobalt market had increased. In October, the government of the Democratic Republic of the Congo introduced an export quota system, and the supply of cobalt raw materials from the Democratic Republic of the Congo had decreased. The supply of cobalt in the future is expected to be in serious shortage. The export of cobalt products from Indonesia had increased, making up for part of the shortage of cobalt raw materials, and the overall supply in the cobalt market was in short supply. The supply of cobalt salts had decreased, the price of cobalt salts had increased, and the price of lithium cobaltate had increased significantly, which had increased the positive impact on the cobalt market. The international cobalt price fluctuated upward, which had increased the positive impact on the domestic cobalt market and reduced the negative impact. The overall upward momentum of the cobalt market increased, and the downward pressure had decreased.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-10-14 SunSirs: The Domestic Cobalt Market Rises on October 14
- 2025-10-14 SunSirs: Cobalt Markets on Alert as DRC Enacts Sweeping Export Policy Changes
- 2025-09-28 SunSirs: Cobalt Prices Surge Sharply This Week
- 2025-09-24 SunSirs: Congo Introduces Quota System, Cobalt Prices Poised for Further Rise
- 2025-09-18 SunSirs: The Domestic Cobalt Market Was Consolidated on September 17
