The LCO market demonstrated strong performance, with transaction prices for standard-grade products rising above 370,000 yuan/mt. This round of price increases was primarily driven by the transmission of price hikes in raw materials such as cobalt chloride and Co3O4, coupled with robust demand from battery cell enterprises. Currently, demand for cathode materials from downstream sectors, particularly consumer electronics, is expected to remain robust in November-December, supporting the sustained strength of LCO prices. In the short term, LCO prices are projected to remain firm, with potential for further increases.
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Yanlin Lü 021-20707875
Zhicheng Zhou 021-51666711
Haohan Zhang 021-51666752
Zihan Wang 021-51666914
Jie Wang 021-51595902
Yang Xu 021-51666760
Lianting Yang 021-51595835
Zhaoyu Wang 021-51666827
