Monthly Cobalt Market Report Nov 2021
2021-12-12 20:36:39 【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 November due to rising cobalt intermediate 20-30% prices. The demand from high-temperature alloy, cemented carbide and ceramics pigment industries remained weak while that of SmCo magnet remained stable,
Encouraged by producers' increasing costs, Chinese cobalt sulfate 20.5%min and cobalt carbonate 46%min prices edged up in November even though consumers from NCM precursor and cobalt powder 99.5%min industries just purchased from hand to mouth under the high prices.
Although demand of 3C market remained weak, Chinese cobalt chloride 24%min and cobalt tetroxide 73.5%min prices moved up in November 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 November due to rising cobalt intermediate 20-30% prices. The demand from high-temperature alloy, cemented carbide and ceramics pigment industries remained weak while that of SmCo magnet remained stable,
Encouraged by producers' increasing costs, Chinese cobalt sulfate 20.5%min and cobalt carbonate 46%min prices edged up in November even though consumers from NCM precursor and cobalt powder 99.5%min industries just purchased from hand to mouth under the high prices.
Although demand of 3C market remained weak, Chinese cobalt chloride 24%min and cobalt tetroxide 73.5%min prices moved up in November owing to rising cobalt intermediate 20-30% prices.
