Spot price of cobalt intermediate products declined slightly [SMM Weekly Review of Cobalt Intermediate Products Market]

Published: Jun 5, 2025 17:21

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[Spot price of cobalt intermediate products slightly declines] The spot price of cobalt intermediate products has slightly declined. From the supply side, the quotations from traders have slightly decreased. From the demand side, due to the uncertainty surrounding the subsequent policies in the DRC, downstream producers are generally adopting a wait-and-see attitude. Additionally, the recent decline in the prices of cobalt-related products has further intensified this wait-and-see sentiment among producers. This week, both inquiries and purchases of cobalt intermediate products have been relatively mediocre. It is expected that next week, the spot price of cobalt intermediate products may fluctuate and weaken.

The spot price of cobalt intermediate products declined slightly. From the supply side, the quotations from traders saw a slight drop. From the demand side, as the subsequent policies of the DRC remain unknown, downstream producers are generally adopting a wait-and-see attitude. Moreover, the recent decline in the prices of cobalt-related products has further intensified this wait-and-see sentiment among producers. This week, both inquiries and purchases of cobalt intermediate products have been mediocre. It is expected that next week, the spot price of cobalt intermediate products may fluctuate and weaken.

SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yanlin Lv 021-20707875

Yueming Li 021-51666809

Zhicheng Zhou 021-51666711

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