On June 11, the average price of Yangtze River Spot 1# cobalt was reported at 395,000 yuan per ton, plummeting by 13,000 yuan compared with the previous trading day, with a decline of 3.19%, hitting the largest single - day decline in the recent period. Looking back at the trend since June, the cobalt price has been sliding all the way from 424,000 yuan per ton on June 1st, and has cumulatively dropped by 29,000 yuan in just 11 trading days.
On June 11, the average price of Yangtze River Spot 1# cobalt was reported at 395,000 yuan per ton, plummeting by 13,000 yuan compared with the previous trading day, with a decline of 3.19%, hitting the largest single - day decline in the recent period. Looking back at the trend since June, the cobalt price has been sliding all the way from 424,000 yuan per ton on June 1st, and has cumulatively dropped by 29,000 yuan in just 11 trading days.