[SMM Analysis: Cobalt Intermediate Product Prices Remain Stable This Week]
This week, cobalt intermediate product prices remained stable.
Supply side, the overall spot cargo availability in the market is currently sufficient. Demand side, due to limited transactions of cobalt-related products and the approach of year-end holidays, actual market procurement demand has declined.
Market situation, raw material prices remain high, and the spot market is primarily dominated by long-term contract deliveries, resulting in relatively small fluctuations in spot prices.
It is expected that logistics and transportation will come to a halt before the year-end next week, further dampening spot trading activity. Spot prices are expected to remain relatively stable.

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