Domestic cobalt price rose on February 7
| Thiourea |
According to the data monitoring of business agency, the domestic cobalt price rose on February 7, and the cobalt market rose slowly. On February 7, the price of cobalt was 505400 yuan / ton, an increase of 3000 yuan / ton or 0.60% compared with 502400 yuan / ton before the festival; After the festival, the cobalt market recovered and the cobalt price rose slowly.
Key points of analysis
The international cobalt price has risen, and the price difference at home and abroad has increased; The national subsidy for new energy has declined by 30%, the consumption of new energy vehicles may decline, the demand growth of cobalt market slows down, the mobile phone market recovers after the festival, and the strong demand of cobalt market still exists.
Future forecast
Demand growth, cobalt prices are expected to rise.
| http://www.thiourea.net |