Monthly Cobalt Market Report Jun 2023

Contents

1 Market Highlights 2
2. Economy and Policy 3
3 Market Movements 3
3.1 Market Movements in China 3
3.1.1 CIF China prices for cobalt concentrate 6-8% 3
3.1.2 CIF China prices for cobalt intermediate 20-30% 3
3.1.Asian Metal Copyright1.Asian Metal Copyright3 Delivered prices for cobalt metal 99.8%min 3
3.1.Asian Metal Copyright1 Market Movements in China 3 3.Asian Metal Copyright4 Delivered prices for cobalt powder 99.5%min 3
3.1.5 Delivered prices for cobalt carbonate 46%min 3
3.1.Asian Metal Copyright72% MoM 11 5.Asian Metal Copyright6 Delivered prices for cobalt sulfate 20.5%min 4
3.1.7 Delivered prices for cobalt chloride 24%min 4
3.1.Asian Metal Copyright2 Intentional Market Movements 5 3.Asian Metal Copyright8 Delivered prices for cobalt tetroxide 73.5%min 4
3.1.9 Delivered prices for cobalt oxide 72%min 4
3.1.10 Delivered prices for cobalt monoxide 78%min 4
3.1.11 Delivered prices for NCM precursor 523 4
3.1.12 Delivered prices for NCM precursor 622 5
3.1.13 Delivered prices for LCO Co 60%min 5
3.1.14 Delivered prices for LNCMO 523 5
3.1.15 Delivered prices for LNCMO 622 5
3.2 Intentional Market Movements 5
3.2.Asian Metal Copyright2.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 Copyright2 China's cobalt tetroxide output in June 2023 down by0.Asian Metal Copyright3 Cobalt metal 99.8%min prices in warehouse Baltimore 6
4. Company News 6
4.1 Jiangsu Xiongfeng to increase cobalt sulfate output 6
4.2 Jinchuan Group increases cobalt metal output 6
4.3 Jinchuan Group increases cobalt metal output 6
4.4 Electron Energy to reduce cobalt metal consumption 6
4.5 Hunan MT New Material breaks ground on LCO project 6
5. Producers Statistics 6
5.1 Cobalt metal 6
5.1.1 Chinese cobalt metal producers' operating rate in June 2023 level off MoM 6
5.1.2 China's cobalt metal output in June 2023 unchanged MoM 7
5.1.3 Chinese cobalt metal producers' inventory in June 2023 unchanged MoM 7
5.2 Cobalt powder 7
5.2.Asian Metal Copyright1.Asian Metal Copyright1 Chinese cobalt powder producers' operating rate in June 2023 declines by 7.37% MoM 7
5.2.Asian Metal Copyright1.Asian Metal Copyright2 China's cobalt powder output in June 2023 declines by 7.38% MoM 7
5.2.Asian Metal Copyright1.Asian Metal Copyright3 Chinese cobalt powder producers' inventories in June 2023 edges up by 0.47% MoM 8
5.3 Cobalt sulfate 8
5.3.1 Chinese cobalt sulfate producers' operating rate in June 2023 unchanged MoM 8
5.3.2 China's cobalt sulfate output in June 2023 unchanged MoM 9
5.3.Asian Metal Copyright5%min 14 8.Asian Metal Copyright3 Chinese cobalt sulfate producers' inventories in June 2023 down by 7.08% MoM 9
5.4 Cobalt chloride 9
5.4.1 Chinese cobalt chloride producers' operating rate in June 2023 level off MoM 9
5.4.2 China's cobalt chloride output in June 2023 level off MoM 10
5.4.3 Chinese cobalt chloride producers' stocks in June 2023 unchanged MoM 10
5.5 Cobalt tetroxide 11
5.5.Asian Metal Copyright1 Chinese NCM precursor producers' operating rate in June 2023 level off MoM 12 5.Asian Metal Copyright1 Chinese cobalt tetroxide producers' operating rate in June 2023 slides by 0.4% MoM 11
5.5.Asian Metal Copyright2 Delivered price trend for cobalt powder 99.Asian Metal Copyright2 China's cobalt tetroxide output in June 2023 down by0.72% MoM 11
5.5.Asian Metal Copyright1 Chinese cobalt powder producers' operating rate in June 2023 declines by 7.Asian Metal Copyright3 Chinese cobalt tetroxide producers' stocks in June 2023 slides by 0.31% MoM 11
5.6 NCM precursor 12
5.6.1 Chinese NCM precursor producers' operating rate in June 2023 level off MoM 12
5.6.2 China's NCM precursor output in June 2023 level off MoM 12
5.6.3 Chinese NCM precursor producers' stocks in June 2023 level off MOM 12
6. Customs Statistics 13
6.1 China's cobalt metal imports in May 2023 declines by 9.98% MOM 13
6.2 China's cobalt intermediate imports in May 2023 climbs by 25.06% MoM 13
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 Copyright2 China's cobalt chloride output in June 2023 level off MoM 10 5.Asian Metal Copyright1 Delivered price trend for cobalt metal 99.8%min 14
8.1.Asian Metal Copyright2 Cobalt powder 7 5.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 Copyright1.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 Copyright2.Asian Metal Copyright6 Delivered price trend for cobalt tetroxide 73.5%min 14
8.1.7 Delivered price trend for cobalt oxide 72%min 14
8.1.8 Delivered price trend for LCO Co 60%min 14
8.1.9 Delivered price trend for LNCMO 523 14
8.1.10 Delivered price trend for LNCMO 622 14
8.2 International market 14
8.2.1 CIF China price trend for cobalt concentrate and intermediates 14
8.2.Asian Metal Copyright Economy and Policy 3 3 Market Movements 3 3.Asian Metal Copyright2 In warehouse Rotterdam price trend for cobalt metal 99.8 %min 15
8.2.Asian Metal Copyright4.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 Copyright3 In warehouse Baltimore price trend for cobalt metal 99Asian Metal Copyright