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Cobalt Daily: Cobalt salt prices remain subdued amid off-season weakness

Source: Mysteel Jun 26, 2026 09:06
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Cobalt Demand Price Supply
The domestic cobalt market overall exhibited a weak consolidation pattern, with mainstream cobalt product prices showing stability alongside slight declines, while market trading sentiment remained relatively subdued.Demand remained soft, as the market is currently in the traditional off-season for power batteries and 3C consumer electronics. Downstream enterprises purchased only on rigid-demand, and a strong wait-and-see sentiment prevailed across the market.Supply conditions were relatively ample, as arrivals of overseas cobalt intermediates were expected to increase. Coupled with the ongoing capacity release from domestic recycled cobalt production, the overall market supply remained sufficient.The market anticipates that cobalt prices will continue to display a weak, range-bound fluctuation with a bottom-searching process in the near term.

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