Price:
|
|
|
(Unit: Yuan/t) |
Product |
2024/9/13 |
2024/9/12 |
Change |
Electrolytic cobalt |
159,000-180,000 |
159,000-180,000 |
0 |
Cobalt powder |
185,000-190,000 |
185,000-190,000 |
0 |
Cobalt carbonate |
75,000-78,000 |
75,000-78,000 |
0 |
Cobalt sulfate |
28,500-29,000 |
28,500-29,000 |
0 |
Cobalt chloride |
35,500-36,000 |
35,500-36,000 |
0 |
Cobalt Co3O4 |
119,500-121,500 |
119,500-121,500 |
0 |
Cobalt oxide |
117,500-120,500 |
117,500-120,500 |
0 |
Outlook:
In the overseas market, manufactures and traders were firm on prices and mainly focused on destocking, with a few spot transactions heard. Meanwhile, downstream users mostly held a wait-and-see attitude and it's likely that electrolytic cobalt prices may fluctuate slightly in the short term.
At present, the current cobalt oxide market players still held a bearish sentiment and downstream users had limited acceptance of high-priced goods, leading to a few real transactions, and the market operating rate remained at a relatively high level. Recently, there has been a significant price difference in the supply of goods on the market, and market traders mostly depressed prices. The market price of Cobalt Co3O4 may still be around Yuan 120,000/t, and the market price of cobalt oxide will be around Yuan 118,000/t.
Edited by Cassie Li, lixiangying@mysteel.com