Domestic cobalt prices fell slightly in September

According to the data monitoring of the business agency, the domestic cobalt price fell after a slight rise in September, and the rise of the cobalt market was insufficient. On September 7, the cobalt price was 364333.34 yuan / ton, down from 375666.66 yuan / ton on September 6 of the previous trading day, and the cobalt price decreased by 0.35%; Compared with the cobalt price of 369000.00 yuan / ton on September 1, it increased by 1.45%.

International cobalt prices fall again

As can be seen from the data released by LME market, LME cobalt price rebounded slightly in September, the international cobalt market recovered, the cobalt price fell slightly on September 6, and the rising power support of cobalt market was insufficient. The support of international cobalt market was insufficient, and the domestic cobalt market fell.

Market Overview

Bai Jiaxin, a data analyst of business society, believes that the cobalt market recovered slightly in September, but with the recovery of port transportation in South Africa, the supply of cobalt market was normal, the rise of cobalt market was not supported enough, and the cobalt price fell slightly.