Dear Customer,
SMM Battery Grade Cobalt Sulphate Price Index is officially online!
With the rapid development of the new energy industry, the cobalt sulphate market is experiencing a series of changes. In order to adapt to such changes in the cobalt sulphate (crystal) market (the cost of cobalt intermediates and cobalt sulphate are increasingly divergent from the finished product prices, and irrational price spread between recycled cobalt sulphate and intermediates prices), and to further reduce the transaction risks and costs across the cobalt sulphate industry chain by referring to SMM Price, SMM has been constantly improving and deepening its research on the cobalt sulphate industry chain. After prudent information accumulation and market research, SMM has decided to launch the item of SMM Cobalt Sulphate Price Index starting from December 23, 2022, while the original item will still be available to subscribers.
SMM Cobalt Sulphate Price Index was reported at 49,694 yuan/mt as of December 23, 2022, down 527 yuan/mt from the previous trading day.
