Domestic cobalt prices rose on October 11
According to the data monitoring of the business agency, the domestic cobalt price rose and the cobalt market rose on October 11. On October 11, the cobalt price was 391600.00 yuan / ton, up 2.62% from 381600.00 yuan / ton on October 1 at the beginning of the month. Some enterprises offer more than 400000 yuan / ton, and the cobalt price wants to break the 40 mark in October.
International cobalt prices continued to rise
time Category specification minimum price Rise and fall Highest price Rise and fall Company
September 30th Standard grade cobalt twenty-five point seven five zero point one five twenty-six 0 USD / lb
September 30th Alloy grade cobalt twenty-five point six zero point one twenty-six 0 USD / lb
October 1st Standard grade cobalt twenty-five point eight five zero point one twenty-six point two five zero point two five USD / lb
October 1st Alloy grade cobalt twenty-five point seven five zero point one five twenty-six point two five zero point two five USD / lb
October 4th Standard grade cobalt twenty-five point eight five 0 twenty-six point two five 0 USD / lb
October 4th Alloy grade cobalt twenty-five point seven five 0 twenty-six point two five 0 USD / lb
October 5th Standard grade cobalt twenty-five point nine five zero point one twenty-six point two five 0 USD / lb
October 5th Alloy grade cobalt twenty-five point eight five zero point one twenty-six point two five 0 USD / lb
October 6th Standard grade cobalt twenty-six zero point zero five twenty-six point three zero point zero five USD / lb
October 6th Alloy grade cobalt twenty-five point nine zero point zero five twenty-six point two five 0 USD / lb
October 7th Standard grade cobalt twenty-six 0 twenty-six point nine five zero point six five USD / lb
October 7th Alloy grade cobalt twenty-six zero point one twenty-six point nine five zero point seven USD / lb
October 8th Standard grade cobalt twenty-six point two zero point two twenty-six point nine five 0 USD / lb
October 8th Alloy grade cobalt twenty-six point two zero point two twenty-six point nine five 0 USD / lb
According to the LME cobalt price trend chart, after the rise of international cobalt price, the high level maintains stability, and the high level support of cobalt price still exists. In October, MB cobalt price continued to rise, and the international cobalt price continued to rise sharply. In October, the international cobalt price rose for seven consecutive trading days, and the international cobalt price rose continuously, which stimulated the rise of domestic cobalt price. During the national day, the domestic cobalt price was temporarily stable, and the pressure of domestic cobalt price rise after the festival accumulated, which stimulated the sharp rise of cobalt price. In October, the domestic cobalt price wanted to break through 4.
Market Overview
Bai Jiaxin, a data analyst of business society, believes that the international cobalt price continued to rise in October due to the rising trend of the international cobalt price. In October, the international cobalt price continued to rise for seven consecutive trading days. The upward pressure on the domestic cobalt price increased. The cobalt price was stable during the national day. Stimulated by the continuous rise of the international cobalt price after the festival, the upward momentum of the domestic cobalt market increased. The quotation of some enterprises exceeded 400000, and the pressure on the future cobalt price to break 4 increased. Cobalt prices are expected to rise in the future.
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