Domestic cobalt prices rose on October 11

According to the data monitoring of the business agency, the domestic cobalt price rose and the cobalt market rose on October 11. On October 11, the cobalt price was 391600.00 yuan / ton, up 2.62% from 381600.00 yuan / ton on October 1 at the beginning of the month. Some enterprises offer more than 400000 yuan / ton, and the cobalt price wants to break the 40 mark in October.

International cobalt prices continued to rise

time Category specification minimum price Rise and fall Highest price Rise and fall Company

September 30th Standard grade cobalt twenty-five point seven five zero point one five twenty-six 0 USD / lb

September 30th Alloy grade cobalt twenty-five point six zero point one twenty-six 0 USD / lb

October 1st Standard grade cobalt twenty-five point eight five zero point one twenty-six point two five zero point two five USD / lb

October 1st Alloy grade cobalt twenty-five point seven five zero point one five twenty-six point two five zero point two five USD / lb

October 4th Standard grade cobalt twenty-five point eight five 0 twenty-six point two five 0 USD / lb

October 4th Alloy grade cobalt twenty-five point seven five 0 twenty-six point two five 0 USD / lb

October 5th Standard grade cobalt twenty-five point nine five zero point one twenty-six point two five 0 USD / lb

October 5th Alloy grade cobalt twenty-five point eight five zero point one twenty-six point two five 0 USD / lb

October 6th Standard grade cobalt twenty-six zero point zero five twenty-six point three zero point zero five USD / lb

October 6th Alloy grade cobalt twenty-five point nine zero point zero five twenty-six point two five 0 USD / lb

October 7th Standard grade cobalt twenty-six 0 twenty-six point nine five zero point six five USD / lb

October 7th Alloy grade cobalt twenty-six zero point one twenty-six point nine five zero point seven USD / lb

October 8th Standard grade cobalt twenty-six point two zero point two twenty-six point nine five 0 USD / lb

October 8th Alloy grade cobalt twenty-six point two zero point two twenty-six point nine five 0 USD / lb

According to the LME cobalt price trend chart, after the rise of international cobalt price, the high level maintains stability, and the high level support of cobalt price still exists. In October, MB cobalt price continued to rise, and the international cobalt price continued to rise sharply. In October, the international cobalt price rose for seven consecutive trading days, and the international cobalt price rose continuously, which stimulated the rise of domestic cobalt price. During the national day, the domestic cobalt price was temporarily stable, and the pressure of domestic cobalt price rise after the festival accumulated, which stimulated the sharp rise of cobalt price. In October, the domestic cobalt price wanted to break through 4.

Market Overview

Bai Jiaxin, a data analyst of business society, believes that the international cobalt price continued to rise in October due to the rising trend of the international cobalt price. In October, the international cobalt price continued to rise for seven consecutive trading days. The upward pressure on the domestic cobalt price increased. The cobalt price was stable during the national day. Stimulated by the continuous rise of the international cobalt price after the festival, the upward momentum of the domestic cobalt market increased. The quotation of some enterprises exceeded 400000, and the pressure on the future cobalt price to break 4 increased. Cobalt prices are expected to rise in the future.

Trade name: lithium hydroxide

Latest price (October 9): 166333.33 yuan / ton

On October 9, the high level of industrial lithium hydroxide Market was temporarily stable, flat compared with the previous trading day, up 37.09% compared with September 1 and 204.27% compared with the same period last year. At present, the price of raw materials is high, the cost pressure still exists, the supply side is basically normal, and the demand side is relatively general.

It is expected that in the short term, the market situation of industrial lithium hydroxide may be stable, medium and strong.

On October 8, the rare earth index was 602 points, up 1 point from yesterday, down 39.80% from the highest point of 1000 points in the cycle (December 6, 2011), and up 122.14% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

The trend of domestic rare earth index is rising. The prices of some domestic light rare earth praseodymium neodymium series are rising. The price of praseodymium neodymium oxide is rising by 1500 yuan / ton to 601500 yuan / ton, the price of praseodymium neodymium metal is rising by 4000 yuan / ton to 742500 yuan / ton, the price of praseodymium oxide is 640000 yuan / ton, the price of neodymium oxide is 627500 yuan / ton, the price of metal praseodymium is 860000 yuan / ton, and the price of metal neodymium is 775000 yuan / ton, The price of dysprosium oxide increased by 15000 yuan / ton to 2.72 million yuan / ton, the price of dysprosium ferroalloy increased by 20000 yuan / ton to 2.66 million yuan / ton, and the price of metal dysprosium increased by 3.445 million yuan / ton. Some prices in the domestic light rare earth market increased. The recent procurement was general, and the price trend of praseodymium neodymium series was stable. Recently, the price of dysprosium Series in the domestic heavy rare earth market increased, the price trend of terbium series increased, and the downstream procurement was mainly on demand, Myanmar banned exports, and the price trend of domestic rare earth market is expected to rise slightly in the later period.

Product Name: n-propanol

Latest price (September 30): 7733 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on September 30, the domestic n-propanol market generally operated stably. The average ex factory price of n-propanol was 7733 yuan / ton, which was basically the same as that of the previous working day. On the 30th, the trading atmosphere in the domestic n-propanol market was general, the downstream demand stock volume was small, the quotation of the industry was mostly stable, and the market fundamentals were calm.

Future forecast: according to the continuous implementation of the current energy consumption dual control policy, the probability of a significant increase in the market demand for n-propanol in the short term is small. It is expected that in the short term, most of China’s domestic n-propanol market will continue to operate stably, and the specific trend needs to pay more attention to the follow-up of downstream demand.

Product Name: butanone

Latest price (September 30): 9033 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on September 30, the domestic butanone market rose slightly. The average ex factory price of butanone was 9033 yuan / ton. Compared with the previous working day, the average price increased by 33 yuan / ton, or 0.37%. On the 30th, the butanone factory in Shandong raised the ex factory price of butanone slightly by 100 yuan / ton. The procurement intention of butanone downstream before the festival was basically ended, and the market trading atmosphere was general.

Future forecast: I heard that before the national day, the butanone plant in Ningbo was shut down for maintenance, and the market supply decreased. However, due to the fact that the downstream pre festival goods preparation was basically completed, it had little impact on the market trend. Under the condition that the butanone market inventory remained low after the festival, the butanone price is expected to rise after the festival. More attention should be paid to the follow-up of downstream demand.