According to institutional forecasts, cobalt and lithium products were firm this week, and battery-grade lithium carbonate broke through 171,000 yuan per ton. In addition, with the fourth quarter, new energy vehicles are being released monthly, and downstream battery manufacturers have demand for replenishment. In the case of three-factor resonance of supply, demand and environmental protection, cobalt concentrates rose by 1.4% this week, and cobalt sulfate rose by 5.6%. To 95,000 yuan / ton; cobalt powder rose 4.6% to 525,500 yuan / ton, the price of a variety of cobalt products rose again. Lithium carbonate continues to be tight and prices continue to rise. This week, industrial grade lithium hydroxide prices rose, battery-grade lithium hydroxide prices rose 2.0% to 150.5 yuan / kg; industrial grade lithium carbonate prices rose 4.1% to 152 yuan / kg, battery-grade lithium carbonate prices rose 4.9% to 171 Yuan / kg. Cobalt: prices of various cobalt products rise again This week, the international market cobalt price continued to rise, MB low-grade cobalt and MB high-grade cobalt week rose 1.5% and 1.8%, respectively, the price reached 29.75 US dollars / lb and 30.38 US dollars / lb. On October 9, according to Bloomberg, Congo (Golden) will suspend Huagang Mining's export of unprocessed copper and cobalt, requiring it to be processed into metal in the country, causing market concerns about cobalt supply. In addition, with the fourth quarter, new energy vehicles are being released monthly, and downstream battery manufacturers have demand for replenishment. In the case of three-factor resonance of supply, demand and environmental protection, cobalt concentrates rose by 1.4% this week, and cobalt sulfate rose by 5.6%. To 95,000 yuan / ton; cobalt powder rose 4.6% to 525,500 yuan / ton, the price of a variety of cobalt products rose again. In addition, according to the Asian Metals Network, due to insufficient demand for downstream 3C lithium batteries , the price of cobalt tetroxide for the production of lithium cobalt oxide has declined, and this week's decline was 1.4% to 360 yuan / kg. MB cobalt price trend Cobalt concentrate price trend Metal cobalt price trend Cobalt powder price trend Cobalt sulfate price trend Cobalt oxychloride price trend Lithium: lithium hydroxide and lithium carbonate prices rise again Lithium salt continued to be scarce, and battery-grade lithium carbonate exceeded 171,000 yuan/ton. This week, the price of industrial grade lithium hydroxide rose, the price of battery-grade lithium hydroxide rose 2.0% to 150.5 yuan / kg; the price of industrial grade lithium carbonate rose 4.1% to 152 yuan / kg, the price of battery-grade lithium carbonate rose 4.9% to 171 Yuan / kg. According to the China Chemical and Physical Power Industry Association, the resources of the domestic Lithium Industry and Tianqi Lithium Industry continue to be tight, and many material manufacturers have indicated that the delivery time has been extended. Lithium hydroxide price trend Lithium carbonate price trend Metal lithium price trend Lithium chloride price trend Customized LiBr Absorption Chillers Square Cross Flow Open Cooling Tower,Direct Fired Absorption Chiller,Flue Gas Type Lithium Bromide Absorption Chiller,Mini Absorption Chiller EBARA REFRIGERATION EQUIPMENT & SYSTEMS (CHINA) CO., LTD. , https://www.ebara-hvac.com
