Latest Update in the China Cobalt Market

Cobalt prices in the domestic market rose sharply. The prices of refined cobalt, cobalt sulphate, and cobalt chloride increased by nearly 10% to 11%, which is higher than about 3 to 4% of the previous month since mid-July.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on August 7, 2020

Nonferrous metals rose for the most part, and glod prices scaled new heights on Thursday. 

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on August 6, 2020

CATL will further strengthen its cooperation with Mercedes-Benz in the field of battery technology to support the large-scale electrification of Mercedes-Benz models.

Nonferrous metals broadly roes, gold prices broke through the $2,050 mark.

In this three part webinar series, our analysts will share their views on the trending topics across the China domestic ferrous, non-ferrous and new energy sectors during this unprecedented period.

Global sales of Tesla Model 3 exceeded 140,000 units, and BAIC planned to raise no more than 5.5 billion yuan for projects development.