This week, refined cobalt prices slightly declined. Supply side, the current market has sufficient spot cargo. Demand side, the overall market was relatively quiet at year-end, with weak purchase willingness for spot refined cobalt. Market situation, as year-end falls in the industry's off-season, overall trading sentiment remained subdued. Next week, logistics and transportation are expected to halt, and the spot market trading sentiment may remain subdued, with refined cobalt prices likely to fluctuate relatively small.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Ying Xu 021-51666707
Yanlin Lü 021-20707875
Yujun Liu 021-20707895
Xiaodan Yu 021-20707870
Zhicheng Zhou 021-51666711
