On October 30, 2026, the average price of Changjiang Spot 1# cobalt was 214,000 yuan per ton, continuing to drop by 6,000 yuan compared with the previous trading day. Looking back at the entire October market, cobalt prices showed a clear unilateral decline. Starting from the high point of 265,000 yuan per ton at the end of September, the price fell all the way, with a cumulative drop of 51,000 yuan by the end of the month, a significant decline, and the price center continued to move downward.
On October 30, 2026, the average price of Changjiang Spot 1# cobalt was 214,000 yuan per ton, continuing to drop by 6,000 yuan compared with the previous trading day. Looking back at the entire October market, cobalt prices showed a clear unilateral decline. Starting from the high point of 265,000 yuan per ton at the end of September, the price fell all the way, with a cumulative drop of 51,000 yuan by the end of the month, a significant decline, and the price center continued to move downward.