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SMM4 March 22 Cobalt Chloride spot Express: cobalt Chloride Plant is not willing to ship and the sporadic price is stable.
Apr 22,2020 16:59CST
translation
Source:SMM
[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.
The content below was translated by Tencent automatically for reference.

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.

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