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Home / Metal News / [SMM Analysis] Cobalt Intermediate Product Prices Remained Weak During the Week

[SMM Analysis] Cobalt Intermediate Product Prices Remained Weak During the Week

iconFeb 13, 2025 15:41
Source:SMM
[SMM Analysis: Cobalt Intermediate Product Prices Remained Weak This Week] This week, cobalt intermediate product prices remained weak. Supply side, port inventories were sufficient, and the spot cargo availability was relatively high. Demand side, downstream cobalt smelters resumed operations slowly after the holiday, leading to limited demand for cobalt intermediate products. In summary, as the oversupply pattern persisted during the week, spot prices saw a slight decline. Looking ahead, the overall supply-demand pattern is unlikely to change, and spot prices are expected to fluctuate downward.

This week, cobalt intermediate product prices remained weak. Supply side, port inventories were ample, and spot cobalt intermediate products were in abundant circulation. Demand side, post-holiday downstream cobalt smelters resumed operations slowly, leading to limited demand for cobalt intermediate products. Overall, as the oversupply pattern persisted during the week, spot prices continued to decline slightly. Looking ahead, the overall market supply-demand pattern is unlikely to change, and spot prices are expected to fluctuate downward.

 


 

 

 

SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yanlin Lü 021-20707875

Yujun Liu 021-20707895

Xiaodan Yu 021-20707870

Zhicheng Zhou 021-51666711

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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