Overseas transaction orders have increased slightly, and nickel prices continue to rise slightly.

Spot market, domestic cobalt prices continue to fluctuate narrowly on the upside, European cobalt prices also slightly explore upwards. Currently, overseas raw material prices have been raised again, and the strength of cost support continues to strengthen. Most mainstream manufacturers in the cobalt spot market still maintain the strategy of temporarily suspending external quotations. After the end of the overseas summer holiday, actual trade orders have increased, and the overall market inquiry atmosphere is relatively active. Today, Jinchuan cobalt spot price is 268,000-275,000 RMB/ton, other brand cobalt prices are 260,000-266,000 RMB/ton, European standard-grade cobalt prices are 15.25-16 USD/pound, alloy-grade cobalt prices are 18-20 USD/pound, CIF China price for cobalt intermediates is 13.3-13.42 USD, cobalt sulfate prices are 5.15-5.37 USD/ton, and cobalt oxide prices are 20.96-21.56 million RMB/ton.