May 11th Metal Guide MB quoted cobalt 99.8%: 14.65-16 US dollars / lb, cobalt 99.3%: 14-15.1 US dollars / lb, cobalt concentrate 8% CIF China: 10-10.5 US dollars / lb, both with the previous transaction The day was flat, and the situation in Europe has once again fallen into chaos and turmoil. The cobalt price in the international market has begun to end its upward trend and has stabilized.
Today's domestic spot market still maintains a weak trend. The metal cobalt market is less active in trading, the transaction is flat, and the price continues to decline slightly. The mainstream price of the market is 23-24 million yuan/ton; the cobalt powder market is not good, the producers indicate the current cobalt powder. The market demand is not good, downstream users have revealed that the demand for cobalt powder in the cemented carbide industry is getting worse and worse. The current cobalt powder market is still weak and the mainstream price is running: 2.6 to 290,000 yuan/ton.
Today, the cobalt salt market is also in a downturn. The mainstream price of cobalt sulfate market is RMB/ton, and cobalt chloride is reported at RMB/ton. The market turnover is flat and the market outlook is not optimistic.
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