Latest Update in the China Cobalt Market
Cobalt markets & Index
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Price Review & Forecast
Data: SHFE, DCE market movement (Nov 25)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on November 25, 2020
Nov 25, 2020 15:18
Demand for lithium batteries from e-bikes to increase more than 70% in 2021
China’s annual electric bicycle sales have exceeded 30 million units in the past few years, with social e-bike ownership rising close to 300 million units, and output of bikes over 1,000 yuan continues to increase, according to China Bicycle Association.
Nov 25, 2020 14:51
Macro Roundup (Nov 25)
The dollar fell on Tuesday as risk appetite improved after U.S. President Donald Trump accepted the transition to a Joe Biden presidency and on optimism that COVID-19 vaccines are close to being rolled out.
Nov 25, 2020 08:37
Data: SHFE, DCE market movement (Nov 24)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on November 24, 2020
Nov 24, 2020 15:18
Lithium hydroxide prices remained stable, demand-supply structure may improve next year on rising demand
Battery-grade lithium hydroxide prices in China have been falling since the start of H2 on stable demand but rising supply, down about 12% from early 2020. Compared with lithium carbonate, lithium hydroxide prices remained above cost lines, but some lithium salts producers are pessimistic about battery-grade lithium hydroxide prices in 2020.
Nov 24, 2020 13:45
Macro Roundup (Nov 24)
The dollar bounced off an almost three-month low against a basket of currencies hit on Monday following optimism over another COVID-19 vaccine as the index approached a technical support level that if broken, could signal further weakness for the greenback.
Nov 24, 2020 08:34
Data: SHFE, DCE market movement (Nov 23)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on November 23, 2020
Nov 23, 2020 15:30