On June 16, 2026, the average transaction price of Yangtze River Spot 1# cobalt in the market was 395,000 yuan per ton, a decrease of 2,000 yuan compared with the previous trading day. The spot price of domestic electrolytic cobalt has weakened slightly, and the market trading sentiment is rather cautious. At present, the long - short game in the cobalt market has intensified. The release of short - term supply increments combined with the weak terminal demand jointly suppresses the spot quotation. The industry as a whole presents an operating pattern of increasing supply and weak demand.
On June 16, 2026, the average transaction price of Yangtze River Spot 1# cobalt in the market was 395,000 yuan per ton, a decrease of 2,000 yuan compared with the previous trading day. The spot price of domestic electrolytic cobalt has weakened slightly, and the market trading sentiment is rather cautious. At present, the long - short game in the cobalt market has intensified. The release of short - term supply increments combined with the weak terminal demand jointly suppresses the spot quotation. The industry as a whole presents an operating pattern of increasing supply and weak demand.