Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
[SMM Weekly Review] Cobalt Sulphate Spot Prices Held Steady This Week
Oct 30, 2025 17:42Spot cobalt sulphate prices remained stable this week. Supply side, smelters believed the cobalt market would remain tight in the future, were bullish on the outlook, and refused to budge on prices. Demand side, downstream producers actively stockpiled after the National Day holiday, with some enterprises having completed this year's stockpiling. At this period, purchasing sentiment was weak, and it was difficult to accept smelters' high quotations. Overall, upstream and downstream enterprises still diverged on prices, and the market remained in a deadlock in the short term. Cobalt sulphate prices are likely to remain stable, waiting for downstream players to gradually digest and accept the prices. The next round of cobalt salt price increases is expected to wait until downstream players begin a new round of purchasing.
Spot cobalt sulphate prices held steady this week. Supply side, smelters believed the cobalt market would remain tight in the future, were bullish on the outlook, and refused to budge on prices. Demand side, downstream producers actively stockpiled after the National Day holiday, with some enterprises having completed their stockpiling for the year. At this period, purchasing sentiment was weak, making it difficult to accept the high offers from smelters. Overall, upstream and downstream enterprises still had differences over prices, and the market remained in a deadlock in the short term. Cobalt sulphate prices are likely to remain stable, waiting for downstream players to gradually digest and accept the prices. The next round of cobalt salt price increases is expected to require downstream players to begin a new round of purchasing.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lü Yanlin 021-20707875
Xiao Wenhao 021-51666872
Zhou Zhicheng 021-51666711
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Nov01
2025 SMM India Session: Li-battery & PV Market Insights
Nov 01 - 30,2025To Be Confirmed
- Nov03
Li-ion Battery Europe 2025
Nov 03 - 04,2025Hilton Barcelona, Spain
- Nov03
NET ZERO EUROPE - Solar & Energy Storage Summit
Nov 03 - 04,2025Hilton Barcelona, Spain
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
