This week, cobalt intermediate product prices remained stable. Supply side, current port inventory is sufficient. Demand side, downstream cobalt smelters experienced significant production cuts, with limited demand for bulk cargoes. Considering the overall market situation, the year-end market remained relatively calm, with little change in the overall supply-demand pattern, and spot prices remained stable. It is expected that next week, the overall market situation may persist, with spot prices fluctuating downward.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Ye Yuan 021-51595792
Disheng Feng 021-51666714
Ying Xu 021-51666707
Yanlin Lü 021-20707875
Yujun Liu 021-20707895
Xiaodan Yu 021-20707870
Zhicheng Zhou 021-51666711
