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The supply and demand structure of cobalt will be alleviated and lithium carbonate will continue to increase
Latest company news about The supply and demand structure of cobalt will be alleviated and lithium carbonate will continue to increase

 

The gap of domestic cobalt raw material inventory decreases marginally, the consumption rate of cobalt sulfate inventory slows down, the short-term supply exceeds the demand, but the structure gradually eases. The price reaction of electrolytic cobalt and cobalt sulfate is sensitive; the inquiry of cobalt chloride and cobalt trioxide is sporadic, the price of demanders is bearish, and the purchasing speed slows down.

 

Battery and downstream terminal market

In terms of terminals, the power market did not change much this week, the overall demand remained high, and the supply of iron lithium battery industry chain was in short supply. However, the price of upstream materials rose a lot, especially the cathode materials, such as Sanyuan, which accounted for the largest proportion, leading to the rise of cell prices in some enterprises. Recently, due to the correction of nickel and cobalt prices in the upstream, the market sentiment was affected. The overall wait-and-see sentiment of the battery upstream and downstream became stronger, and the signing of downstream orders of some enterprises was postponed.

 

Electrolytic cobalt and cobalt intermediate

Electrolytic cobalt spot prices fell this week. Market sentiment is down, mainstream manufacturers have few quotations, market transactions are sporadic, mainly traders. The price of cobalt intermediate was flat this week. In the second quarter, it is expected that the gap of domestic cobalt raw materials will be eased marginally, the overall market will be bearish and the trading will be sporadic. The price of cobalt salt is on the decline, and the purchasing intention of the demanders is declining. It is expected that the spot price of cobalt intermediate products will be difficult to maintain a high level and gradually decline.

 

Cobalt and nickel salts

Cobalt prices fell this week. The quotation of cobalt sulfate was slightly reduced to 85-90000 yuan / ton, while that of cobalt chloride was slightly reduced to RMB 98000-105 million / ton, with sporadic market transactions and obvious downward trend. In March, it is expected that the consumption rate of cobalt sulfate inventory will slow down, and the profit in the early stage is considerable, and the willingness of some recycling raw material smelting enterprises to reduce price and ship will be enhanced.

 

Co3O4

The price of cobalt oxide fell on Thursday. The quotations of mainstream suppliers are weak and firm, and the downstream bearish sentiment is gradually strong. Orders are gradually negotiated in the second half of this week, and the expected transaction price is gradually approaching to 320000-340000 Yuan / ton.

Pub Time : 2021-03-31 18:21:07 >> News list
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