Home Tag "Cobalt Prices Soared by More Than 20% in 1Q18"

Cobalt Prices Soared by More Than 20% in 1Q18, Bringing More Price Pressure to Lithium-ion Batteries

According to the latest data from EnergyTrend, a division of TrendForce, cobalt prices continued to rise in 2018 and soared by more than 20% in the first quarter. The rise of raw material prices results from short-term capital speculation and high supplier concentration. This concentrated industry structure may continue to push up the prices in […]