[Price Reporting] Co Alloys : X-45, ECY 768

1. Reporting Duration: March 17, 2025 – March 21, 2025
2. Introduction to Metals: Alloy Price Analysis including Cobalt Alloys
3. Summary: Between March 17 and March 21, 2025, the prices of X-45 and ECY 768 alloys dropped significantly. X-45 dropped by $1.34, from $38.66 to $37.32 per kilogram, and ECY 768 fell by $1.44, from $40.26 to $38.82 per kilogram. The primary cause of the price decline is the sharp drop in cobalt prices, a key element in both alloys. Cobalt prices decreased by $2.58, from $35.88 to $33.30 per kilogram, driven by reduced demand from China, traders selling inventories, and the suspension of cobalt exports from the Democratic Republic of Congo (DRC). Due to these supply and demand issues, further price volatility for X-45 and ECY 768 alloys is expected, with downward trends continuing if cobalt prices remain unstable.

 

 

 

 

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00. [Price Reporting] Co Alloys – X-45, ECY 768