Price:
|
|
|
(Unit: Yuan/t) |
Product |
2024/2/2 |
2024/2/1 |
Change |
Electrolytic cobalt |
200,000-240,000 |
200,000-240,000 |
0 |
Cobalt powder |
200,000-205,000 |
200,000-205,000 |
0 |
Cobalt carbonate |
81,000-85,000 |
81,000-85,000 |
0 |
Cobalt sulfate |
31,500-32,500 |
31,500-32,500 |
0 |
Cobalt chloride |
38,500-40,500 |
38,500-40,500 |
0 |
Cobalt Co3O4 |
129,000-134,000 |
129,000-134,000 |
0 |
Cobalt oxide |
129,000-135,000 |
129,000-135,000 |
0 |
Outlook:
At present, there has been no substantial improvement in market demand, and the opinions of both buyers and sellers are relatively unified, both agreeing that the current market price volatility is limited. Coupled with the arrival of the Spring Festival holiday, downstream customers mostly held a wait-and-see mood, with a few small transactions. It is estimated that the market price of cobalt sulfate will be around Yuan 31,500/t, and that of cobalt chloride will be around Yuan 39,000/t.
At present, the demand has not improved, and the market trading atmosphere is dim. As the Spring Festival holiday approaches, some enterprises have gradually reduced production and been on holidays. At the same time, logistics have been suspended, and goods will be shipped in the future. It is estimated that the market price of Co3O4 will be around Yuan 135,000/t and that of cobalt oxide will be around Yuan 134,000/t.
Edited by Cassie Li, lixiangying@mysteel.com