Monthly Cobalt Market Report Apr 2024

Contents

1 Market Highlights 3
2. Economy and Policy 3
3 Market Movements 3
3.1 Market Movements in China 3
3.1.1 CIF China prices for cobalt intermediate 30-40% 3
3.1.Asian Metal Copyright1.Asian Metal Copyright2 Delivered prices for cobalt metal 99.8%min 3
3.1.Asian Metal Copyright08% MoM 12 5.Asian Metal Copyright3 Delivered prices for cobalt powder 99.5%min 3
3.1.4 Delivered prices for cobalt carbonate 46%min 3
3.1.Asian Metal Copyright2 China's cobalt intermediate imports in March 2024 increases by 8.Asian Metal Copyright5 Delivered prices for cobalt sulfate 20.5%min 4
3.1.6 Delivered prices for cobalt chloride 24%min 4
3.1.Asian Metal Copyright43% MoM 7 5.Asian Metal Copyright7 Delivered prices for cobalt tetroxide 73.5%min 4
3.1.8 Delivered prices for cobalt oxide 72%min 4
3.1.9 Delivered prices for NCM precursor 523 4
3.1.10 Delivered prices for NCM precursor 622 4
3.1.11 Delivered prices for LCO Co 60%min 5
3.1.12 Delivered prices for LNCMO 523 5
3.1.13 Delivered prices for LNCMO 622 5
3.2 Intentional Market Movements 5
3.2.Asian Metal Copyright23% MoM 7 5.Asian Metal Copyright1 Cobalt metal 99.8%min prices in warehouse Rotterdam 5
3.2.2 Cobalt oxide 72%min prices in warehouse Rotterdam prices 5
3.2.Asian Metal Copyright1.Asian Metal Copyright3 Cobalt metal 99.8%min prices in warehouse Baltimore 6
4. Company News 6
5. Producers Statistics 7
5.1 Cobalt metal 7
5.1.Asian Metal Copyright1.Asian Metal Copyright1 Chinese cobalt metal producers' operating rate in April 2024 down by 7.17% MoM 7
5.1.Asian Metal Copyright44% MoM 8 5.Asian Metal Copyright2 China's cobalt metal output in April 2024 up by 3.23% MoM 7
5.1.Asian Metal Copyright10 Delivered price trend for LNCMO 622 15 8.Asian Metal Copyright3 Chinese cobalt metal producers' inventory in April 2024 down by 2.78% MoM 7
5.2 Cobalt powder 7
5.2.Asian Metal Copyright4 Delivered price trend for cobalt sulfate 20.Asian Metal Copyright1 Chinese cobalt powder producers' operating rate in April 2024 down by 7.43% MoM 7
5.2.Asian Metal Copyright13 Delivered prices for LNCMO 622 5 3.Asian Metal Copyright2 China's cobalt powder output in April 2024 edged down by 7.44% MoM 8
5.2.Asian Metal Copyright Market Outlook for Next Month 14 8.Asian Metal Copyright3 Chinese cobalt powder producers' inventories in April 2024 decreased by 2.31% MoM 8
5.3 Cobalt sulfate 9
5.3.Asian Metal Copyright09% MoM 12 5.Asian Metal Copyright1 Chinese cobalt sulfate producers' operating rate in April 2024 up by 2.16% MoM 9
5.3.Asian Metal Copyright2 China's cobalt metal output in April 2024 up by 3.Asian Metal Copyright2 China's cobalt sulfate output in April 2024 up by 2.16% MoM 9
5.3.Asian Metal Copyright1 Market Movements in China 3 3.Asian Metal Copyright3 Chinese cobalt sulfate producers' inventories in April 2024 up by 3.53% MoM 9
5.4 Cobalt chloride 10
5.4.Asian Metal Copyright53% MoM 9 5.Asian Metal Copyright1 Chinese cobalt chloride producers' operating rate in April 2024 move up by 5.33% MoM 10
5.4.Asian Metal Copyright1 Alloy and magnet markets 14 7.Asian Metal Copyright2 China's cobalt chloride output in April 2024 increased by 5.33% MoM 10
5.4.Asian Metal Copyright16% MoM 9 5.Asian Metal Copyright3 Chinese cobalt chloride producers' stocks in April 2024 down by 15.30% MoM 11
5.5 Cobalt tetroxide 11
5.5.Asian Metal Copyright5.Asian Metal Copyright1 Chinese cobalt tetroxide producers' operating rate in April 2024 down 5.72% MoM 11
5.5.Asian Metal Copyright2.Asian Metal Copyright2 China's cobalt tetroxide output in April 2024 down by 5.72% MoM 11
5.5.Asian Metal Copyright8%min 15 8.Asian Metal Copyright3 Chinese cobalt tetroxide producers' stocks in April 2024 down by 17.93% MoM 12
5.6 NCM precursor 12
5.6.Asian Metal Copyright1.Asian Metal Copyright1 Chinese NCM precursor producers' operating rate in April 2024 up by 2.08% MoM 12
5.6.Asian Metal Copyright2.Asian Metal Copyright2 China's NCM precursor output in April 2024 up by 2.09% MoM 12
5.6.Asian Metal Copyright2.Asian Metal Copyright3 Chinese NCM precursor producers' stocks in April 2024 up by 24.90% MOM 13
6. Customs Statistics 13
6.1 China's cobalt metal imports in March 2024 down by 0.89% MOM 13
6.2 China's cobalt intermediate imports in March 2024 increases by 8.47% MoM 14
7. Relevant Industry News 14
7.1 Alloy and magnet markets 14
7.2 Battery market 14
7.3 Ceramic and chemical markets 14
8. Market Outlook for Next Month 14
8.1 Chinese market 14
8.1.Asian Metal Copyright6 Delivered prices for cobalt chloride 24%min 4 3.Asian Metal Copyright1 Delivered price trend for cobalt metal 99.8%min 14
8.1.Asian Metal Copyright3 Delivered price trend for cobalt carbonate 46%min 14 8.Asian Metal Copyright2 Delivered price trend for cobalt powder 99.5%min 14
8.1.3 Delivered price trend for cobalt carbonate 46%min 14
8.1.Asian Metal Copyright2 China's cobalt sulfate output in April 2024 up by 2.Asian Metal Copyright4 Delivered price trend for cobalt sulfate 20.5%min 14
8.1.5 Delivered price trend for cobalt chloride 24%min 14
8.1.Asian Metal Copyright9 Delivered price trend for LNCMO 523 15 8.Asian Metal Copyright6 Delivered price trend for cobalt tetroxide 73.5%min 14
8.1.7 Delivered price trend for cobalt oxide 72%min 15
8.1.8 Delivered price trend for LCO Co 60%min 15
8.1.9 Delivered price trend for LNCMO 523 15
8.1.10 Delivered price trend for LNCMO 622 15
8.2 International market 15
8.2.1 CIF China price trend for cobalt concentrate and intermediates 15
8.2.Asian Metal Copyright Company News 6 5.Asian Metal Copyright2 In warehouse Rotterdam price trend for cobalt metal 99.8 %min 15
8.2.Asian Metal Copyright31% MoM 8 5.Asian Metal Copyright3 In warehouse Baltimore price trend for cobalt metal 99.8%min 15
8.2.4 In warehouse Rotterdam price trend for cobalt oxide 72%min 15
.Asian Metal Copyright8%min 14 8Asian Metal Copyright