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The mainstream transaction price of cobalt chloride is 63,000 yuan/mt

iconJul 24, 2025 16:35
Source:SMM
The mainstream transaction price of cobalt chloride is 63,000 yuan/mt.

Currently, cobalt chloride enterprises are offering quotes at 63,000-64,000 yuan/mt, with relatively sluggish market transactions. On the supply side, smelters' quotes continue to rise; on the demand side, downstream enterprises' purchases are mainly driven by immediate needs, and transactions are primarily conducted in bulk. In terms of pricing, the current actual transaction price is around 63,000 yuan/mt, with slight fluctuations based on quality. It is expected that cobalt chloride prices will continue to follow an upward trend in the future.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lv Yanlin 021-20707875

Zhou Zhicheng 021-51666711

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