SMM Analysis: Cobalt Market Stalemate Leads to Slight Price Decline This Week

Publicado: Nov 28, 2024 19:15

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[SMM Analysis: Market Transactions Stalemate, Refined Cobalt Prices Slightly Decline During the Week] Refined cobalt prices slightly declined this week. Supply side, the current overall operating rate of producers is relatively high, and the market supply is sufficient. Demand side, the downstream market maintains just-in-time procurement. Overall market situation, the cobalt market is relatively quiet, with a focus on fulfilling orders. It is expected that the market may remain in a stalemate in the short term.

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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