On May 26, the domestic cobalt price fell sharply
According to the data monitoring of business agency, the cobalt price fell sharply on May 26, and the cobalt market fell. On May 26, the price of cobalt was 478000 yuan / ton, down 3.55% from 495600 yuan / ton on the previous trading day. The decline of international cobalt price dragged down the domestic cobalt market, and the domestic cobalt price fell sharply.
As can be seen from the trend chart of MB cobalt price, the recent sharp decline in MB cobalt price and the decline in international cobalt price have dragged down the domestic cobalt market. The cobalt price has fallen and the cobalt market has fallen.
Future forecast
The decline of international cobalt price dragged down the domestic cobalt market, and it is expected that the future cobalt price will fall weakly.
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