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30 Aug
15:23

Cobalt sulphate price drops 15.5% in August on weakened downstream demand

The average price of cobalt sulphate in the Chinese market dropped around 15.5% in August, mainly due to weakened ternary battery downstream demand, Kallanish learns.  According to data from iccsino.com, from 1 August to 30 August, the price of Chinese cobalt sulphate (of grades no less than 20.5%) declined from CNY 42,000 ($5,786)/tonne to CNY 35,500/t. During the same period, the price of electrolytic cobalt (of grades no less than 99.8%) also declined. T…
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