Home > News > Market Trend and Demand the price of lithium battery raw materials doubled Will Affact the Price of cobalt hydroxide

Market Trend and Demand the price of lithium battery raw materials doubled Will Affact the Price of cobalt hydroxide

wallpapers News 2021-05-07

Rise and rise, the price of lithium battery raw materials doubled

Many countrys power lithium battery industry has grown from scratch, from small to large, and has developed rapidly. The industrialization process of power lithium batteries has been in a leading position in the world. At the beginning of the "14th Five-Year Plan", the state proposed that the new energy automobile industry will focus on breakthroughs in key technologies such as high-safety power batteries in the future. At present, the price of battery-grade lithium carbonate has increased from last years low of 38,000 yuan per ton to 90,000 yuan per ton, more than doubled; lithium hydroxide has risen from 60,000 yuan per ton to 80,000 yuan per ton.

Affected by the price of lithium battery raw materials doubled, the cobalt hydroxide market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for cobalt hydroxide or buy cobalt hydroxide in bulk,please send an email to:sales@ozbo.com

The price of cobalt hydroxide continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global cobalt hydroxide sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of cobalt hydroxide will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of cobalt hydroxide,the cost of cobalt hydroxide is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of cobalt hydroxide will also be affected to a certain extent.It is estimated that the cost of cobalt hydroxide will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano cobalt hydroxide with steady price.In order to feedback to old customers,the company is still in full operations to provide cobalt hydroxide with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials.As a leading nanotechnology development and cobalt hydroxide manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for cobalt hydroxide, please send an email to:sales@ozbo.com

 

 


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Tag: pr   The   Demand   Trend   and   Market