2016 Annual Report on Cobalt Market

Content

Abstract 2
1 Macro economy review 2
1.1 FED raises rates 2
1.2 DR Congo’s cobalt ore output down by 7.35% YOY in 2016 2
1.3 Glencore’s cobalt ore output up by 23.04% YOY in 2016 2
1.4 DR Congo’s political situation instable 2
2 Domestic market review 2
2.1 Cobalt ore prices up 2
2.2 Cobalt metal prices rise 2
2.3 Cobalt powder prices pick up 2
2.4 Cobalt oxide market quiet with rising prices 2
2.5 Cobalt sulfate prices recover rapidly 3
2.6 Cobalt tetroxide prices increase dramatically 3
2.7 Cobalt carbonate prices up 4
2.8 Cobalt chloride prices rebound 4
3 International market review 4
3.1 European cobalt metal prices rise 4
3.2 European cobalt oxide prices recover gradually in H2 5
3.3 U.Asian Metal Copyright8%min price trend in 2016 USDlb 4 Graph 12 European cobalt metal 99.Asian Metal CopyrightS. cobalt metal prices rebound progressively 5
4 Import and export data 5
4.1 China’s cobalt tetroxide exports up by 26% YOY in 2016 5
4.2 China’s cobalt ore and concentrate imports down by 34% YOY 6
4.3 China’s imports of cobalt intermediate products by hydrometallurgy in 2016 7
4.4 China’s cobalt metal imports considerably up by 233% YOY in 2016 7
5 Market outlook for 2017 8

Graph content

Graph 1 Chinese cobalt concentrate 6-8% price trend in 2016 (USD/lb) 2
Graph 2 Chinese cobalt metal 99.8%min price trend in 2016 (RMB/kg) 2
Graph 3 Chinese cobalt powder 99.5%min price trend in 2016 (RMB/kg) 2
Graph 4 Chinese cobalt oxide 72%min price trend in 2016 (RMB/kg) 3
Graph 5 Chinese cobalt monoxide 78%min price trend in 2016 (RMB/kg) 3
Graph 6 Chinese cobalt sulfate 20%min price trend in2016 (RMB/t) 3
Graph 7 Chinese cobalt sulfate 20.5%min price trend in 2016 (RMB/t) 3
Graph 8 Chinese cobalt tetroxide 73.5%min price trend in 2016 (RMB/kg) 4
Graph 9 Chinese cobalt carbonate 46%min price trend in 2016 (RMB/t) 4
Graph 10 Chinese cobalt chloride 24%min price trend in 2016 (RMB/t) 4
Graph 11 European cobalt metal 99.8%min price trend in 2016 (USD/lb) 4
Graph 12 European cobalt metal 99.3%min price trend in 2016 (USD/lb) 5
Graph 13 European cobalt oxide 72%min price trend in 2016 (USD/kg) 5
Graph 14 U.S.Asian Metal Copyright8%min price trend in 2016 RMBkg 2 Graph 3 Chinese cobalt powder 99.Asian Metal Copyright cobalt metal 99.8%min price trend in 2016 (USD/lb) 5
Graph 15 U.S.Asian Metal Copyright3 Cobalt powder prices pick up 2 2.Asian Metal Copyright cobalt metal 99.3%min price trend in 2016 (USD/lb) 5
Graph 16 China’s cobalt tetroxide exports in 2016 (t/ten thousand dollars) 6
Graph 17 China’s cobalt tetroxide exports in 2009-2016 (t/ten thousand dollars) 6
Graph 18 Major importers of China’s cobalt tetroxide in 2016 6
Graph 19 Top ten exporters of China’s cobalt tetroxide in 2016 6
Graph 20 China’s cobalt ore and concentrate imports in 2016 (t/ten thousand dollars) 6
Graph 21 China’s cobalt ore and concentrate imports in 2009-2016 (t) 6
Graph 22 Major exporters of China’s imported cobalt ore and concentrate in 2016 6
Graph 23 Top ten Chinese importers of cobalt concentrate in 2016 7
Graph 24 China’s imports of cobalt intermediate products by hydrometallurgy in 2016 (t/ten thousand dollars) 7
Graph 25 China’s imports of cobalt intermediate products by hydrometallurgy in 2009-2016 7
Graph 26 Major exporters of China’s imported cobalt intermediate products by hydrometallurgy in 2016 7
Graph 27 Top ten importers of China’s imported cobalt intermediate products by hydrometallurgy in 2016 7
Graph 28 China’s cobalt metal imports in 2016 (t/ten thousand dollars) 7
Graph 29 China’s cobalt metal imports in 2009-2016 8
Graph 30 Major exporters of China’s imported cobalt metal in 2016 8
Graph 31 Top ten importers of China’s imported cobalt metal in 2016 8


.Asian Metal Copyright3 Glencore’s cobalt ore output up by 23Asian Metal Copyright