On January 6, the price of cobalt powder (-200 mesh, -300 mesh) in the Shanghai spot market rose, with quotations at 510-530 yuan/kg and an average price of 520 yuan/kg, representing an increase of 10 yuan/kg compared to the previous trading day. PriceSeek analysis of cobalt, with a bullish-bearish score of +1: The price of cobalt powder (-200 mesh, -300 mesh) in the Shanghai spot market increased by 10 yuan/kg, with quotations at 510-530 yuan/kg and an average price of 520 yuan/kg, up from the previous trading day. This suggests that market supply may be tight or demand has strengthened, providing direct positive support for the spot price of cobalt powder. The price increase of approximately 1.92% is considered a moderate positive, scoring +1.