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[SMM Analysis] This Week, Cobalt Salt Prices Fluctuated Downward
Feb 13, 2025, at 5:32 pm
[SMM Analysis: Cobalt Salt Prices Fluctuated Downward This Week] This week, cobalt sulphate prices remained stable, while cobalt chloride prices dropped slightly. Supply side, the operating rate of cobalt salt smelters remained at a low level. Demand side, market demand was limited to basic procurement, showing overall weakness, with transactions being relatively sluggish this week. Due to the lack of active market trading sentiment, prices continued to fluctuate downward. It is expected that next week, the supply and demand situation in the market will see no substantial changes, and spot prices will still face the risk of a slight decline.
This week, cobalt sulphate prices remained stable, while cobalt chloride prices dropped slightly. Supply side, the operating rate of cobalt salt smelters remained at a low level. Demand side, market demand was limited to basic procurement, showing overall weakness, with sluggish transactions this week. Due to the inactive market trading atmosphere, prices continued to fluctuate downward. It is expected that next week, the supply and demand situation in the market will see no substantial changes, and spot prices will still face the risk of a slight decline.
