Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Domestic Cobalt Metal Prices Keep on Rising
SHANGHAI. Jan. 18 -- Affected by rising price trend in overseas market last Friday, offers of domestic cobalt metal continued to rise slightly today. Mainstream offers of refined cobalt from Jinchuan group were in the RMB 395,000-400,000/mt range, and mainstream offers of cobalt metal from Zambia were in the RMB 385,000-390,000/mt range.
It was reported supply of refined cobalt from Jinchuan Group was relatively tight in the market at present, which was mainly attributed to few supply of goods as well as suppliers' reluctance to make quote to overseas market. In this context, cobalt from Jinchuan Group had high prices but without transactions.
SMM believes recent significant climb of refined cobalt prices is attributed to rising price trend in overseas market. Performance of cobalt metal goes beyond its fundamentals, and speculative buying helps push up nickel prices both in domestic and overseas market.
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
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- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
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.
