In December 2019, the average monthly price of SMM cobalt sulfate was 43700 yuan / ton, down 14.67% from the previous month and 33.99% from the same period last year. In December 2019, the average monthly price of SMM cobalt chloride was 53300 yuan / ton, down 11.93% from the previous month and 32.83% from the same period last year. At the beginning of the month, cobalt salt prices were flat, downstream Spring Festival replenishment and traders receiving to drive demand, cobalt salt prices were supported.
See January 2020 High-end monthly report on China's Cobalt and Lithium New Energy Industry chain

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