This week, the LCO market continued to fluctuate at highs, with offers for standard-grade products remaining at 370,000-380,000 yuan/mt. Current price support mainly stems from two factors: first, the price transmission effect from raw materials such as cobalt chloride and Co3O4 persists, providing solid cost support; second, procurement demand from downstream battery cell enterprises remains robust, with some consumer electronics enterprises stockpiling for next year, leading to extended order cycles and the continuous release of rigid procurement demand. In the short term, with overall raw material prices holding steady, LCO prices are expected to remain stable, with limited likelihood of significant fluctuations in the near term.
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
