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SMM May 8 Lithium Cobalt spot Express: market transaction Cold Lithium Cobalt Price stalemate
May 8,2020 11:45CST
translation
Source:SMM
[SMM May 8th Lithium Cobalt spot Express] the current market mainstream lithium cobalt price is 19.1-196000 yuan / ton, the current market long unit price is mainly 18.5-190000 yuan / ton, downstream battery factory procurement is still inquiring. Upstream cobalt raw materials, cobalt salt, cobalt oxide high price, downstream cobalt lithium battery factory pressure price, lithium cobalt acid price is still deadlocked, trading sporadic today. The downstream lithium cobalt battery entered the off-season in May, and the purchase of feedback raw materials for lithium cobalt battery factories decreased slightly compared with April. A small number of lithium cobalt manufacturers reported that the order of lithium cobalt in May was lower than that in April, and the feedback reduction of most manufacturers was not much.
The content below was translated by Tencent automatically for reference.

SMM5 8: the current market mainstream lithium cobalt price is 19.1-196000 yuan / ton, the current market long single price is mainly 18.5-190000 yuan / ton, downstream battery factory procurement is still in inquiry. Upstream cobalt raw materials, cobalt salt, cobalt oxide high price, downstream cobalt lithium battery factory pressure price, lithium cobalt acid price is still deadlocked, trading sporadic today.

Downstream lithium cobalt oxide battery entered the off-season in May, lithium cobalt battery manufacturers reported that the purchase of raw materials decreased slightly compared with April. A small amount of lithium cobalt manufacturers reported that lithium cobalt orders decreased in May compared with April, while most manufacturers reported little reduction.

Quotation
lithium cobalt acid
battery

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