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The spot price of cobalt intermediate products remained relatively stable, with downstream players starting to adopt a wait-and-see attitude [SMM Weekly Review of Cobalt Intermediate Products Market]
May 22, 2025, at 4:42 pm
[SMM Weekly Review of Cobalt Intermediate Products Market: Spot prices of cobalt intermediate products remain stable, with downstream players adopting a wait-and-see attitude] Currently, the goods circulating in the market are still from traders, who maintain relatively high quotes. On the demand side, due to the uncertainty surrounding the subsequent policies in the DRC, downstream producers are generally adopting a wait-and-see sentiment. This week, inquiries and buying interest have been slightly weak, and spot transactions of cobalt intermediate products have been sluggish. It is expected that cobalt intermediate products will continue to operate in a relatively stable manner in the near future.
Currently, the goods circulating in the market are still from traders, and the quotations remain relatively high. On the demand side, due to the uncertainty surrounding the subsequent policies in the DRC, downstream producers are generally adopting a wait-and-see sentiment. This week, inquiries and buying interest have been slightly weak, and spot transactions of cobalt intermediate products have been sluggish. It is expected that cobalt intermediate products will continue to operate at a relatively stable level in the near future.