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Minor metals · Comment Analysis 11-03 Published

The cobalt market has witnessed a strong pulse rally! On November 3rd, cobalt prices skyrocketed by 22,000 yuan. What happened?

On November 3rd, the domestic cobalt spot market witnessed a strong upward trend. The average price of Changjiang Spot 1# cobalt was reported at 238,000 yuan/ton, representing an increase of 22,000 yuan compared to the previous trading day. The short-term price increase was significant, and market trading sentiment rapidly heated up.

✍️ CCMN yangxf Editorial Team
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