Lithium Cobalt OxideLithium prices have plummeted by 6,000 yuan. The consumer electronics sector is dragging down the cathode material market. Will there be a rebound opportunity in the future market?

On November 3, 2026, the average price of Changjiang Comprehensive Lithium Cobalt Oxide Lithium 4.5V was 254,000 yuan/ton, down 6,000 yuan from the previous trading day. The average price of Lithium Cobalt Oxide Lithium 4.2V was 241,000 yuan/ton, also down 6,000 yuan from the previous trading day. The two mainstream grades saw simultaneous price cuts, further confirming the weak pattern of the Lithium Cobalt Oxide Lithium market.