Currently, cobalt chloride enterprises are offering quotes at 63,000-64,000 yuan/mt, with relatively sluggish market transactions. On the supply side, smelters' quotes continue to rise; on the demand side, downstream enterprises' purchases are mainly driven by immediate needs, and transactions are primarily conducted in bulk. In terms of pricing, the current actual transaction price is around 63,000 yuan/mt, with slight fluctuations based on quality. It is expected that cobalt chloride prices will continue to follow an upward trend in the future.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Zhou Zhicheng 021-51666711
