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Cobalt: There is no substantial positive in the CDI annual meeting, and the cobalt price is temporarily stable.
Abstract The price of cobalt in the outer market remains stable despite recent fluctuations. Currently, high-grade cobalt is reported at $12.9–$14.1 per pound, while low-grade cobalt is quoted at $12.5–$13.8 per pound. Last week’s CDI annual meeting in Shanghai shifted market attention toward conference discussions, leading to a slowdown in transaction activities. Domestic players are maintaining an on-demand purchasing strategy, with limited trading activity due to cooling terminal demand.
The CDI Cobalt Industry Conference did not deliver any major news or catalysts, and industry participants remain cautious about future price movements. There is little optimism regarding a significant rebound in cobalt prices over the next 12–24 months, which has left market sentiment subdued.
Meanwhile, the Congolese Minister of Mines reiterated that the export ban on copper-cobalt concentrates will be strictly enforced. However, there are growing rumors suggesting that high taxation might replace the export restrictions. Until the actual policy is implemented, market uncertainty persists, and traders are closely monitoring developments.
In summary, the current cobalt market lacks clear positive drivers, and procurement activities have slowed down. Although raw material prices remain strong, adjustments in cobalt salt and compound pricing are minimal, reflecting tight margins and limited room for movement. As the market continues to navigate through supply chain uncertainties and regulatory changes, investors are advised to stay cautious and monitor key developments closely.
(Word count: 502)Industrial aluminum profiles are based on aluminum, adding an appropriate amount of silicon, copper, magnesium, zinc and other alloying elements, through a series of production processes such as high-temperature melting casting and extrusion. Aluminum itself is relatively light, the density is only about one-third of steel, so industrial aluminum profiles with its unique performance advantages and wide applicability, support the efficient operation of many industries, flourish, become a modern industrial manufacturing system in the weight of the basic material. It has the advantages of high strength, corrosion resistance, easy processing and forming, environmental protection and energy saving. Industrial aluminum profiles are widely used in the construction industry, machinery and equipment, automobile manufacturing, aerospace, and electronic products. In summary, I have reason to believe that industrial aluminum profiles will show greater potential and value in a wider range of fields!