Monthly Cobalt Market Report Dec 2021
2022-01-11 09:25:12 【Print】
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1 Market Highlights
Markets of cobalt metal 99.8%, cobalt powder 99.5%min and cobalt oxide 72%min witnessed increasing prices in December due to rising cobalt intermediate 20-30% prices. Consumers replenished stocks for end of the year.
Encouraged by producers' increasing costs, Chinese cobalt sulfate 20.5%min and cobalt carbonate 46%min prices moved up in December although consumers from NCM precursor and cobalt powder 99.5%min industries just purchased from hand to mouth under such high high prices.
Although demand of 3C market kept weak, Chinese cobalt chloride 24%min and cobalt tetroxide 73.5%min prices picked up in December owing to rising cobalt intermediate 20-30% prices.
Markets of cobalt metal 99.8%, cobalt powder 99.5%min and cobalt oxide 72%min witnessed increasing prices in December due to rising cobalt intermediate 20-30% prices. Consumers replenished stocks for end of the year.
Encouraged by producers' increasing costs, Chinese cobalt sulfate 20.5%min and cobalt carbonate 46%min prices moved up in December although consumers from NCM precursor and cobalt powder 99.5%min industries just purchased from hand to mouth under such high high prices.
Although demand of 3C market kept weak, Chinese cobalt chloride 24%min and cobalt tetroxide 73.5%min prices picked up in December owing to rising cobalt intermediate 20-30% prices.
