cobalt

Cobalt price has been dramatically raised since 2017. Due to the intense demand and supply relationship, Cobalt price still seem to increase in the next two years. Cobalt is the most important raw material in RC batteries.

Cobalt Price Raising Trend

Tight supplies continued to push cobalt prices higher in the week ending Friday, January 26, 2018. Raising price of cobalt beganin early 2017 and this trend has been carried onto 2018. As a major part of the Lipo battery material, the increase in Cobalt price is having strong effect on the Lipo battery pricing and related RC fields.
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