AM Stats: Chinese cobalt tetroxide producers' stocks down by 11.3% MOM in Jul
2020-08-17 08:54:46 [Print]
BEIJING (Asian Metal) 17 Aug 20 - According to statistics from Asian Metal Database, Chinese cobalt tetroxide producers' stocks were 3,060t in July 2020, down by 11.3% MOM while up by 0.3% YOY.
As shown in the following graph, stocks of cobalt tetroxide producers in Guangdong were 510t in July 2020, down by 15% MOM and 7.3% YOY; those in Hunan were 450t, stable MOM while down by 40% YOY. In addition, cobalt tetroxide producers in Jiangxi didn't hold any stocks in July 2020, unchanged on both month-on-month and year-on-year basis.
Chinese cobalt tetroxide producers' monthly stocks from Jan 2019 to Jul 2020 (t)
As shown in the following graph, stocks of cobalt tetroxide producers in Guangdong were 510t in July 2020, down by 15% MOM and 7.3% YOY; those in Hunan were 450t, stable MOM while down by 40% YOY. In addition, cobalt tetroxide producers in Jiangxi didn't hold any stocks in July 2020, unchanged on both month-on-month and year-on-year basis.
Chinese cobalt tetroxide producers' monthly stocks from Jan 2019 to Jul 2020 by region (t)
Cobalt Tetroxide 73.5%min Delivered China
Unit:RMB/kg
China cobalt tetroxide producers' inventory to production ratio statistics by province by month
Unit: %
