SMM5, March 13: cobalt oxide current market mainstream price of 17.1-176000 yuan / ton, cobalt oxide manufacturers quoted up to 17.6-185000 yuan / ton; the current market downstream counter-offer price is mainly 16.9-172000 yuan / ton.
Cobalt oxide manufacturers as a whole feedback that at present, 7-8% of the orders have been signed in May, but some of the orders have not yet been priced. Recently, due to the expected shortage of cobalt raw materials and the rising price of cobalt salt, cobalt oxide raised its quotation. Downstream lithium cobalt acid manufacturers wait and see this week more mood, worried about cobalt salt, cobalt oxide prices rise, price increase acceptance of a small increase. Today, transactions are sporadic, cobalt oxide prices are still deadlocked, the rising trend is gradually obvious.
