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Lithium ion Battery Raw Material Market -- Cobalt Price Drop

Shenzhen Sinoli Electronic Co.,Ltd | Updated: Nov 18, 2018

Global demand for lithium ion battery cobalt raw materials in the first half of 2019 is not expected to exceed 5,000 tons, regardless of global recessive stocks, supply-side neutral, vertical, Gana and other Chinese-funded smelters invested in Congo in 2019H1 is expected to increase more than 2,000 tons of supply, in addition, RTR is expected to increase about 3,000 tons of supply, SMM is expected to increase global cobalt supply in the first half of next year. The fundamentals are still not optimistic.