SMM4 March 22 Cobalt Chloride spot Express: cobalt Chloride Plant is not willing to ship and the sporadic price is stable.

Published: Apr 22, 2020 16:59
[SMM April 22 Cobalt Chloride spot Express] in April, the order of lithium cobalt chloride downstream cobalt chloride market was better than that of ternary material, and the basic feedback of lithium cobalt acid battery factory and material factory in April was the same as that in March. Demand for cobalt chloride has been sporadic this week, and downstream is expected to prepare for May orders starting next week. If the "closure" of South Africa continues at the end of April and the difficulties in the transportation of raw materials continue to be delayed, it will continue to support the willingness of cobalt chloride manufacturers to bid. Large cobalt chloride manufacturers are not shipping this week, the market low price supply is less, downstream demand is relatively low, cobalt chloride price is stable, today's SMM cobalt chloride price 5.3-56000 yuan / ton.

SMM4 22: April cobalt chloride downstream cobalt lithium market order is better than ternary material orders, cobalt lithium battery factory and material factory basic feedback April order is the same as in March. Demand for cobalt chloride has been sporadic this week, and downstream is expected to prepare for May orders starting next week. If the "closure" of South Africa continues at the end of April and the difficulties in the transportation of raw materials continue to be delayed, it will continue to support the willingness of cobalt chloride manufacturers to bid. Large cobalt chloride manufacturers are not shipping this week, the market low price supply is less, downstream demand is relatively low, cobalt chloride price is stable, today's SMM cobalt chloride price 5.3-56000 yuan / ton.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
MIIT Seeks Public Comments on Power Battery Recycling Standard System [SMM Analysis]
3 hours ago
MIIT Seeks Public Comments on Power Battery Recycling Standard System [SMM Analysis]
Read More
MIIT Seeks Public Comments on Power Battery Recycling Standard System [SMM Analysis]
MIIT Seeks Public Comments on Power Battery Recycling Standard System [SMM Analysis]
On September 15, 2026, the Science and Technology Department of the Ministry of Industry and Information Technology released the Guidelines for the Construction of the Power Battery Recycling and Utilization Industry Standard System (2026 Edition) (draft for comments), soliciting public feedback from September 16 to October 15, 2026.
3 hours ago
CAAM: Aug NEV Sales at 1.643M, +17.8% YoY, 5.3% MoM; Penetration 60.6%, Domestic 1.118M, Exports 526K
3 hours ago
CAAM: Aug NEV Sales at 1.643M, +17.8% YoY, 5.3% MoM; Penetration 60.6%, Domestic 1.118M, Exports 526K
Read More
CAAM: Aug NEV Sales at 1.643M, +17.8% YoY, 5.3% MoM; Penetration 60.6%, Domestic 1.118M, Exports 526K
CAAM: Aug NEV Sales at 1.643M, +17.8% YoY, 5.3% MoM; Penetration 60.6%, Domestic 1.118M, Exports 526K
CAAM data shows that in August, NEV sales reached 1.643 million units, up 17.8% YoY and 5.3% MoM, with a penetration rate of approximately 60.6%. Domestic sales totaled 1.118 million units, up 10.9% MoM but down 4.6% YoY, while exports reached 526,000 units, down 5% MoM but up 1.3x YoY. Domestic passenger NEV sales were 1.015 million units, up 10.8% MoM but down 8.2% YoY, and domestic commercial NEV sales were 103,000 units, up 11.9% MoM and 56.6% YoY. From January to August, domestic NEV sales totaled 7.215 million units, down 10.8% YoY. Domestic passenger NEV sales were 6.525 million units, down 14.2% YoY, while domestic commercial NEV sales were 690,000 units, up 43.4% YoY. From January to August, NEV exports totaled 3.435 million units, up 1.2x YoY. Passenger NEV exports were 3.357 million units, up 1.3x YoY, while commercial NEV exports were 78,000 units, up 33.1% YoY.
3 hours ago
534 Million Yuan! New Progress in the 30,000 mt/Year Sodium-Ion Battery Materials Project in Changzhi, Shanxi
4 hours ago
534 Million Yuan! New Progress in the 30,000 mt/Year Sodium-Ion Battery Materials Project in Changzhi, Shanxi
Read More
534 Million Yuan! New Progress in the 30,000 mt/Year Sodium-Ion Battery Materials Project in Changzhi, Shanxi
534 Million Yuan! New Progress in the 30,000 mt/Year Sodium-Ion Battery Materials Project in Changzhi, Shanxi
Recently, Shanxi Xiang'an Energy Technology Co., Ltd. published the environmental impact assessment draft for public comment for its annual production of 30,000 mt of sodium-ion battery materials project. The project is located in the Fuyang Industrial Park, Xiangyuan Economic and Technological Development Zone, Changzhi City, Shanxi Province. The main part of the project and associated utilities include the construction of two production lines for sodium-ion battery cathode materials and one production line for anode materials, along with supporting pure water preparation, air compression systems, nitrogen generation systems, dehumidification systems, and cooling water circulation systems. The processes adopted include: pretreatment (mixing + sand milling + iron removal + spray drying), sagger loading, vibration leveling, grid insertion + sintering, and final treatment (jet milling + batch mixing + sieving + packaging). Once operational, the project will produce 25,000 mt of sodium-ion battery cathode materials and 5,000 mt of anode materials annually. The total investment of the project is 534 million yuan, with an environmental protection investment of 3.64 million yuan, accounting for 0.68%.
4 hours ago