On April 13, the domestic cobalt price fell slightly

According to the data monitoring of business society, on April 13, the weak domestic cobalt price stabilized and the cobalt Market stabilized. On April 13, the cobalt price was 550400 yuan / ton, down 0.02% from 550500 yuan / ton on the previous trading day; The cobalt market was weak and stabilized, and the cobalt price fell slightly.

Key points of analysis

The international cobalt price has risen, and the price difference at home and abroad has increased; Many new energy vehicles stopped production and reduced production, the installed capacity of ternary batteries is expected to decline, the demand of cobalt Market decreases, and the rising power of cobalt Market weakens. Affected by the rainstorm, the transportation in South Africa is blocked, the supply of cobalt ore is expected to be limited in the future, and the rising power of cobalt market is increased.

Future forecast

The short-term demand is weak, the cobalt market is under great downward pressure, the transportation in South Africa is blocked, and the rising power of the cobalt market is increased. It is expected that the cobalt price will fluctuate and rise in the future.