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Cobalt Daily: Electrolytic cobalt prices lack the upward trend in the short term

Source: Mysteel Feb 17, 2025 09:08
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Cobalt Demand Supply Trading
The prices of electrolytic cobalt kept stable. Although the output has slightly decreased at the beginning of the year, with the end of the Chinese New Year holiday and the gradual resumption of normal production by producers, the supply of spots in the market gradually increased. Last week, the overall price of electrolytic cobalt showed a weak adjustment, with some brands experiencing slight price fluctuations. It's likely that the possibility of a significant price increase in the short term is relatively low.

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