Cobalt chloride: Cobalt chloride offers stable prices, with tightening raw materials supporting future market trends.

Published: Jan 15, 2026 17:11

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This week, the trading atmosphere in the cobalt chloride market cooled WoW, with smelter mainstream quotations maintained at 115,000-118,000 yuan/mt; traders and recycling enterprises raised their quotations to around 115,000 yuan/mt. In terms of transactions, the highest transaction price in the market remained at 115,000 yuan/mt, with only a few low-priced transactions slightly below this level. For magnetic materials, due to small single demand, the highest transaction price rose to 117,000 yuan/mt. Currently, market supply is gradually tightening, and tight raw material supply is expected to continue supporting price rises.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lyu Yanlin 021-20707875

Zhou Zhicheng 021-51666711

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