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SMM May 29th Cobalt Sulfate spot Express: power Ternary shows no signs of warming up Cobalt Sulfate prices continue to stalemate
May 29,2020 11:54CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 25: the current mainstream market price is 4.6-48000 yuan / ton, the average price is the same as the day before.

Today, the cobalt sulfate factory has few quotations, and there is basically no market price in the market. Today, a little cobalt sulfate is still quoted at 49-50,000 yuan / ton, with sporadic transactions. Today's customer feedback of 47000 yuan / ton, cash spot turnover of about 2 cars. The ternary precursors and ternary materials in the main downstream of cobalt sulfate still show no signs of warming up, and there is only a little demand for cobalt sulfate, but there is no procurement today; recently, some downstream cobalt tetroxide manufacturers have made more inquiries, but only a little cobalt sulfate has been purchased because of the high price. Power Sanyuan shows no signs of warming up the price of cobalt sulfate continues to stalemate.

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