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Home / Metal News / LCO Prices Declined amid Lost Cost Support and Falling Orders

LCO Prices Declined amid Lost Cost Support and Falling Orders

Apr 21, 2022 13:57

Source:SMM

SHANGHAI, Apr 21(SMM) - The price of lithium cobalt oxide (LCO) has declined recently.

SHANGHAI, Apr 21(SMM) - The price of lithium cobalt oxide (LCO) has declined recently. On the raw material cost side, the prices of Co3O4 and lithium carbonate have both dropped recently. On the demand side, the digital market entered the off-season in April, causing digital-related lithium cobalt oxide orders to fall. The overall market transactions were lacklustre, driving the market price down.

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