Monthly Cobalt Market Report Oct 2017
2017-11-15 17:30:07 【Print】
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Contents
1. Monthly Highlights 3
2. Company News 3
2.1 Quzhou Xinya expects cobalt sulfate output to rise further in October 3
2.2 Hanrui Cobalt expects to put 3,000tpy cobalt hydroxide project into operation around late this year 3
2.3 Huayou Cobalt receives government subsidies of RMB6.70 million 3
3. Chinese Market 3
3.1 Economy and Policy 3
3.1.1 NBS issues GDP of first three quarters 2017 3
3.1.2 China's manufacturing PMI was 51.6 in October 3
3.2 Market Movements 3
3.2.1 Prices for cobalt ore up continuously 3
3.2.2 Prices for cobalt metal stable 4
3.2.3 Prices for cobalt powder up further 4
3.2.4 Prices for cobalt carbonate up further 4
3.2.5 Prices for cobalt sulfate up again 4
3.2.6 Prices for cobalt chloride up slightly 5
3.2.7 Prices for cobalt tetroxide down slightly 5
3.2.8 Prices for cobalt oxide up 5
4. International Market 6
4.1 Market Movements 6
4.1.1 Cobalt metal prices in Europe up 6
4.1.2 Cobalt oxide prices in Europe stable 6
4.1.3 Cobalt metal prices in U.S. up 6
5. Producers Statistics 7
5.1 China’s cobalt metal output up by 31.9% MOM in Oct 2017 7
5.2 China’s cobalt powder output down by 19.7% YOY in Oct 2017 7
5.3 China’s cobalt sulfate output up by 20.8% MOM in Oct 2017 8
5.4 China’s cobalt tetroxide output up by 12.2% YOY in Oct 2017 8
6. Customs Statistics 8
6.1 China’s cobalt hydrometallurgy intermediates imports down by 9.4% MOM in Sep 2017 8
6.2 China’s cobalt concentrate imports up by 49.4% MOM in Sep 2017 9
6.3 China’s cobalt metal imports down by 13.3% MOM in Sep 2017 10
6.4 China’s cobalt tetroxide exports up by 16.1% MOM in September 10
7. Relevant Industry News 11
7.1 GEM to increase ternary precursor capacity by 60,000t 11
7.2 Silver Age Sci & Tech reaches agreement on cobalt ore supply with Huaxin 11
7.3 Umicore share split 11
7.4 China’s new energy automobile sales up by 106.7% YOY in Oct 2017 12
8. Market Outlook for Next Month 12
8.1 Price trend for cobalt ore and cobalt metal 12
8.2 Price trend for cobalt powder and cobalt carbonate 12
8.3 Price trend for cobalt sulfate and cobalt chloride 12
8.4 Price trend for cobalt tetroxide and cobalt oxide 12
Graphs
Graph 1 Cobalt concentrate 6-8% price trend in China from Sep to Oct 2017 (USD/lb) 3
Graph 2 Cobalt metal 99.8%min price trend in China from Sep to Oct 2017 (RMB/kg) 4
Graph 3 Cobalt powder 99.5%min price trend in China from Sep to Oct 2017 (RMB/kg) 4
Graph 4 Chinese cobalt carbonate 46%min price trend from Sep to Oct 2017 (RMB/t) 4
Graph 5 Cobalt sulfate 20.5%min price trend in China from Sep to Oct 2017 (RMB/t) 5
Graph 6 Cobalt sulfate 20%min price trend in China from Sep to Oct 2017 (RMB/t) 5
Graph 7 Cobalt chloride 24%min price trend in China from Sep to Oct 2017 (RMB/t) 5
Graph 8 Cobalt tetroxide 73.5%min price trend in China from Sep to Oct 2017 (RMB/kg) 5
Graph 9 Cobalt oxide 72%min price trend in China from Sep to Oct 2017 (RMB/kg) 6
Graph 10 Cobalt protoxide 78%min price trend in China from Sep to Oct 2017 (RMB/kg) 6
Graph 11 Cobalt metal 99.8%min price trend in Europe from Sep to Oct 2017 (USD/lb) 6
Graph 12 Cobalt metal 99.3%min price trend in Europe from Sep to Oct 2017 (USD/lb) 6
Graph 13 Cobalt oxide 72%min price trend in Europe from Sep to Oct 2017 (EUR/kg) 6
Graph 14 Cobalt metal 99.8%min price trend in U.S. from Sep to Oct 2017 (USD/lb) 7
Graph 15 Cobalt metal 99.3%min price trend in U.S. from Sep to Oct 2017 (USD/lb) 7
Graph 16 China’s monthly output of cobalt metal from Jan 2016 to Oct 2017 (t) 7
Graph 17 China’s monthly output of cobalt powder from Jan 2016 to Oct 2017 (t) 7
Graph 18 China’s monthly output for cobalt sulfate from Jan 2016 to Oct 2017 (t) 8
Graph 19 China’s monthly output for cobalt tetrooxide from Jan 2016 to Oct 2017 (t) 8
Graph 20 China’s monthly imports of cobalt hydrometallurgy intermediates (t) 8
Graph 21 China’s monthly imports of cobalt concentrate (t) 9
Graph 22 China’s monthly imports of cobalt metal (t) 10
Graph 23 China’s cobalt tetroxide exports by month from Jan 2016 to Sep 2017 (t) 10
Tables
Table 1 China’s imports of cobalt hydrometallurgy intermediates in Sep 2017 9
Table 2 China’s cobalt concentrate imports in Sep 2017 9
Table 3 China’s cobalt metal imports in Sep 2017 10
Table 4 China’s cobalt tetroxide exports in Sep 2017 11
1. Monthly Highlights 3
2. Company News 3
2.1 Quzhou Xinya expects cobalt sulfate output to rise further in October 3
2.2 Hanrui Cobalt expects to put 3,000tpy cobalt hydroxide project into operation around late this year 3
2.3 Huayou Cobalt receives government subsidies of RMB6.70 million 3
3. Chinese Market 3
3.1 Economy and Policy 3
3.1.1 NBS issues GDP of first three quarters 2017 3
3.1.2 China's manufacturing PMI was 51.6 in October 3
3.2 Market Movements 3
3.2.1 Prices for cobalt ore up continuously 3
3.2.2 Prices for cobalt metal stable 4
3.2.3 Prices for cobalt powder up further 4
3.2.4 Prices for cobalt carbonate up further 4
3.2.5 Prices for cobalt sulfate up again 4
3.2.6 Prices for cobalt chloride up slightly 5
3.2.7 Prices for cobalt tetroxide down slightly 5
3.2.8 Prices for cobalt oxide up 5
4. International Market 6
4.1 Market Movements 6
4.1.1 Cobalt metal prices in Europe up 6
4.1.2 Cobalt oxide prices in Europe stable 6
4.1.3 Cobalt metal prices in U.S. up 6
5. Producers Statistics 7
5.1 China’s cobalt metal output up by 31.9% MOM in Oct 2017 7
5.2 China’s cobalt powder output down by 19.7% YOY in Oct 2017 7
5.3 China’s cobalt sulfate output up by 20.8% MOM in Oct 2017 8
5.4 China’s cobalt tetroxide output up by 12.2% YOY in Oct 2017 8
6. Customs Statistics 8
6.1 China’s cobalt hydrometallurgy intermediates imports down by 9.4% MOM in Sep 2017 8
6.2 China’s cobalt concentrate imports up by 49.4% MOM in Sep 2017 9
6.3 China’s cobalt metal imports down by 13.3% MOM in Sep 2017 10
6.4 China’s cobalt tetroxide exports up by 16.1% MOM in September 10
7. Relevant Industry News 11
7.1 GEM to increase ternary precursor capacity by 60,000t 11
7.2 Silver Age Sci & Tech reaches agreement on cobalt ore supply with Huaxin 11
7.3 Umicore share split 11
7.4 China’s new energy automobile sales up by 106.7% YOY in Oct 2017 12
8. Market Outlook for Next Month 12
8.1 Price trend for cobalt ore and cobalt metal 12
8.2 Price trend for cobalt powder and cobalt carbonate 12
8.3 Price trend for cobalt sulfate and cobalt chloride 12
8.4 Price trend for cobalt tetroxide and cobalt oxide 12
Graphs
Graph 1 Cobalt concentrate 6-8% price trend in China from Sep to Oct 2017 (USD/lb) 3
Graph 2 Cobalt metal 99.8%min price trend in China from Sep to Oct 2017 (RMB/kg) 4
Graph 3 Cobalt powder 99.5%min price trend in China from Sep to Oct 2017 (RMB/kg) 4
Graph 4 Chinese cobalt carbonate 46%min price trend from Sep to Oct 2017 (RMB/t) 4
Graph 5 Cobalt sulfate 20.5%min price trend in China from Sep to Oct 2017 (RMB/t) 5
Graph 6 Cobalt sulfate 20%min price trend in China from Sep to Oct 2017 (RMB/t) 5
Graph 7 Cobalt chloride 24%min price trend in China from Sep to Oct 2017 (RMB/t) 5
Graph 8 Cobalt tetroxide 73.5%min price trend in China from Sep to Oct 2017 (RMB/kg) 5
Graph 9 Cobalt oxide 72%min price trend in China from Sep to Oct 2017 (RMB/kg) 6
Graph 10 Cobalt protoxide 78%min price trend in China from Sep to Oct 2017 (RMB/kg) 6
Graph 11 Cobalt metal 99.8%min price trend in Europe from Sep to Oct 2017 (USD/lb) 6
Graph 12 Cobalt metal 99.3%min price trend in Europe from Sep to Oct 2017 (USD/lb) 6
Graph 13 Cobalt oxide 72%min price trend in Europe from Sep to Oct 2017 (EUR/kg) 6
Graph 14 Cobalt metal 99.8%min price trend in U.S. from Sep to Oct 2017 (USD/lb) 7
Graph 15 Cobalt metal 99.3%min price trend in U.S. from Sep to Oct 2017 (USD/lb) 7
Graph 16 China’s monthly output of cobalt metal from Jan 2016 to Oct 2017 (t) 7
Graph 17 China’s monthly output of cobalt powder from Jan 2016 to Oct 2017 (t) 7
Graph 18 China’s monthly output for cobalt sulfate from Jan 2016 to Oct 2017 (t) 8
Graph 19 China’s monthly output for cobalt tetrooxide from Jan 2016 to Oct 2017 (t) 8
Graph 20 China’s monthly imports of cobalt hydrometallurgy intermediates (t) 8
Graph 21 China’s monthly imports of cobalt concentrate (t) 9
Graph 22 China’s monthly imports of cobalt metal (t) 10
Graph 23 China’s cobalt tetroxide exports by month from Jan 2016 to Sep 2017 (t) 10
Tables
Table 1 China’s imports of cobalt hydrometallurgy intermediates in Sep 2017 9
Table 2 China’s cobalt concentrate imports in Sep 2017 9
Table 3 China’s cobalt metal imports in Sep 2017 10
Table 4 China’s cobalt tetroxide exports in Sep 2017 11
