According to statistics on the nonferrous metals network in China, February 22, 2017, the reference price of metal cobalt was 377,000 yuan / ton, four months ago, October 22, 2016, metal cobalt offer at 220,000 yuan / ton , Or more than 70% during the period. Three suppliers to stop the offer Even if the price has risen sharply, but the supply of cobalt products is still very tight.
Cobalt prices soared making the price of cemented carbide also increased a lot, so that the competitive advantage of cermet products gradually display.