Monthly Cobalt Market Report Feb 2019

Content
1 Market Highlights 3
2. Economy and Policy 3
2.1 FED slows down rate hikes pace 3
2.2 U.Asian Metal Copyright9% MOM in Feb 8 5.Asian Metal CopyrightS. Postpones imposing extra tariffs on Chinese goods 3
3 Market Movements 3
3.1 Market Movements in China 3
3.1.1 Cobalt concentrate prices down 3
3.1.2 Cobalt metal prices down 3
3.1.3 Cobalt powder prices down 4
3.1.4 Cobalt carbonate prices fall 4
3.1.5 Cobalt sulfate prices down 4
3.1.6 Cobalt chloride prices down 4
3.1.7 Cobalt tetroxide prices fall 5
3.1.8 Cobalt oxide prices slump 5
3.2 Market Movements Abroad 6
3.2.1 European cobalt metal prices down further 6
3.2.2 European cobalt oxide prices plunge 6
3.2.3 American cobalt metal prices down 6
4. Company News 7
4.1 Glencore cuts workers at Congo copper and cobalt mine 7
4.2 ERG to suspend production at a copper and cobalt mine in DRC 7
4.3 Chengtun Mining to take over copper and cobalt mine assets in DRC 7
5 Producers Statistics 7
5.1 China's cobalt metal output up by 4.8% MOM in Feb 8
5.2 China's cobalt powder output down by 16.8% MOM in Feb 8
5.3 China's cobalt sulfate output down by 6.4% MOM in Feb 8
5.4 China's cobalt chloride output up by 9.9% MOM in Feb 8
5.5 China's cobalt tetroxide output down by 16.5% MOM in Feb 9
6. Relevant Industry News 9
6.1 Alloy and magnet markets 9
6.2 Battery market 9
6.3 Ceramic and chemical markets 9
7 Market Outlook for Next Month 9
7.1 Cobalt concentrate and intermediates 9
7.2 Cobalt metal 10
7.3 Cobalt powder 10
7.4 Cobalt carbonate 10
7.5 Cobalt sulfate 10
7.6 Cobalt chloride 10
7.7 Cobalt tetroxide 10
7.8 Cobalt oxide 10

Graph Content
Graph 1 Cobalt concentrate 6-8% price trend in China in Jan-Feb 2019 (USD/lb) 3
Graph 2 Cobalt intermediates 20-30% price trend in China in Jan-Feb 2019 (USD/lb) 3
Graph 3 Cobalt metal 99.8%min price trend in China in Jan-Feb 2019 (RMB/kg) 3
Graph 4 Cobalt powder 99.5%min price trend in China in Jan-Feb 2019 (RMB/kg) 4
Graph 5 Cobalt carbonate 46%min price trend in China in Jan-Feb 2019 (RMB/t) 4
Graph 6 Cobalt sulfate 20.5%min price trend in China in Jan-Feb 2019 (RMB/t) 4
Graph 7 Cobalt chloride 24%min price trend in China in Jan-Feb 2019 (RMB/t) 5
Graph 8 Cobalt tetroxide 73.5%min price trend in China in Jan-Feb 2019 (RMB/kg) 5
Graph 9 Cobalt oxide 72%min price trend in China in Jan-Feb 2019 (RMB/kg) 5
Graph 10 Cobalt monoxide 78%min price trend in China in Jan-Feb 2019 (RMB/kg) 5
Graph 11 Cobalt metal 99.8%min price trend in Europe in Jan-Feb 2019 (USD/lb) 6
Graph 12 Cobalt metal 99.3%min price trend in Europe in Jan-Feb 2019 (USD/lb) 6
Graph 13 Cobalt oxide 72%min price trend in Europe in Jan-Feb 2019 (EUR/kg) 6
Graph 14 Cobalt metal 99.8%min price trend in America in Jan-Feb 2019 (USD/lb) 7
Graph 15 Cobalt metal 99.3%min price trend in America in Jan-Feb 2019 (USD/lb) 7
Graph 16 China's monthly output of cobalt metal from Jan 2018 to Feb 2019 (ton) 8
Graph 17 China's monthly output of cobalt powder from Jan 2018 to Feb 2019 (ton) 8
Graph 18 China's monthly output of cobalt sulfate from Jan 2018 to Feb 2019 (ton) 8
Graph 19 China's monthly output of cobalt chloride from Jan 2018 to Feb 2019 (ton) 9
Graph 20 China's monthly output of cobalt tetroxide from Jan 2018 to Feb 2019 (ton) 9


.Asian Metal Copyright3%min price trend in America in Jan-Feb 2019 USDlb 7 Graph 16 China's monthly output of cobalt metal from Jan 2018 to Feb 2019 ton 8 Graph 17 China's monthly output of cobalt powder from Jan 2018 to Feb 2019 ton 8 Graph 18 China's monthly output of cobalt sulfate from Jan 2018 to Feb 2019 ton 8 Graph 19 China's monthly output of cobalt chloride from Jan 2018 to Feb 2019 ton 9 Graph 20 China's monthly output of cobalt tetroxide from Jan 2018 to Feb 2019 ton 9 Asian Metal Copyright