On September 24, the domestic cobalt price rose
According to the data monitoring of business agency, on September 24, the domestic cobalt market continued to rise, the cobalt price rose, and the domestic cobalt market rose. On September 24, the cobalt price was 381200.00 yuan / ton, up 0.69% from 378600.00 yuan / ton on the previous trading day (September 23).
Summary of cobalt Market
In the international market, the international cobalt price has risen continuously; In the domestic market, during the Mid Autumn Festival, spot trading in the domestic cobalt Market stagnated. Affected by the dual control of energy, some enterprises are expected to stop production and resume work after the national day, which exacerbated the shortage of electrolytic cobalt supply and raised the quotation of electrolytic cobalt. Overall, the rising momentum of cobalt market is strong, which stimulates the rise of domestic cobalt market.
Over the past 21 years, the price of ternary materials has increased by 52%, the price of negative materials has increased by 70%, the price of electrolyte has increased by 151%, and the cost of raw materials for lithium batteries has increased sharply. Since the beginning of the year, the cost of battery has increased by 17000 yuan! The price of the whole vehicle has increased by at least 5%. At present, new energy vehicle enterprises are expanding market share, and most of them will not choose to increase the price to affect sales. At present, vehicle enterprises mostly lower the price of battery enterprises, and basically do not accept the battery price increase to ensure their own profits, with little impact. Since this year, the cost pressure of battery enterprises has increased sharply, and it is difficult to conduct downward. Battery enterprises have poor acceptance of high priced raw materials, downstream enterprises have great resistance to the rise of cobalt price, and there is great downward pressure on cobalt market.
Market Overview
Bai Jiaxin, a data analyst at the business agency, believes that the recent rise in international cobalt prices, the decline in domestic cobalt Market Construction and the insufficient supply of cobalt market have stimulated the rise of cobalt prices. However, in the long run, downstream enterprises have low acceptance of high price cobalt, and the rising support of cobalt market is insufficient, and the downward pressure remains. It is expected that the shock will stabilize after the slight rise of cobalt price in the future.
| Thiourea |