Monthly Cobalt Market Report Nov 2022

Contents

1 Market Highlights 3
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 Copyright4 In warehouse Rotterdam price trend for cobalt oxide 72%min 15 .Asian Metal Copyright3 Delivered prices for cobalt metal 99.8%min 3
3.1.Asian Metal Copyright3 Chinese NCM precursor producers' stocks in November kept flat MOM 13 6.Asian Metal Copyright4 Delivered prices for cobalt powder 99.5%min 3
3.1.5 Delivered prices for cobalt carbonate 46%min 4
3.1.Asian Metal Copyright1.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 Copyright3.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 5
3.1.11 Delivered prices for NCM precursor 523 5
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 6
3.2 Intentional Market Movements 6
3.2.Asian Metal Copyright1.Asian Metal Copyright1 Cobalt metal 99.8%min prices in warehouse Rotterdam 6
3.2.2 Cobalt oxide 72%min prices in warehouse Rotterdam prices 6
3.2.Asian Metal Copyright1 Chinese market 15 8.Asian Metal Copyright3 Cobalt metal 99.8%min prices in warehouse Baltimore 6
4. Company News 6
5. Producers Statistics 8
5.1 Cobalt metal 8
5.1.Asian Metal Copyright3.Asian Metal Copyright1 Chinese cobalt metal producers' operating rate in November up by 3.6% MoM 8
5.1.Asian Metal Copyright3 In warehouse Baltimore price trend for cobalt metal 99.Asian Metal Copyright2 China's cobalt metal output in November up by 5.7% MoM 8
5.1.Asian Metal Copyright6% MoM 8 5.Asian Metal Copyright3 Chinese cobalt metal producers' inventory in November up by 4.8% MoM 8
5.2 Cobalt powder 8
5.2.Asian Metal Copyright3 Chinese cobalt tetroxide producers' stocks in November up by 14.Asian Metal Copyright1 Chinese cobalt powder producers' operating rate in November down by 1.27% MoM 8
5.2.Asian Metal Copyright12% MoM 11 5.Asian Metal Copyright2 China's cobalt powder output in November down by 3.3% MoM 9
5.2.Asian Metal Copyright1.Asian Metal Copyright3 Chinese cobalt powder producers' inventories in November up by 3.8% MoM 9
5.3 Cobalt sulfate 9
5.3.Asian Metal Copyright8% MoM 8 5.Asian Metal Copyright1 Chinese cobalt sulfate producers' operating rate in November down by 1.76% MoM 9
5.3.Asian Metal Copyright12% MoM 11 5.Asian Metal Copyright2 China's cobalt sulfate output in November down by 4.6% MoM 10
5.3.Asian Metal Copyright3.Asian Metal Copyright3 Chinese cobalt sulfate producers' inventories in November down by 7.7% MoM 10
5.4 Cobalt chloride 11
5.4.Asian Metal Copyright2.Asian Metal Copyright1 Chinese cobalt chloride producers' operating rate in November down by 3.12% MoM 11
5.4.Asian Metal Copyright3 Cobalt metal 99.Asian Metal Copyright2 China's cobalt chloride output in November down by 6.4% MoM 11
5.4.Asian Metal Copyright2 China's cobalt metal output in November up by 5.Asian Metal Copyright3 Chinese cobalt chloride producers' stocks in November up by 13.6% MoM 11
5.5 Cobalt tetroxide 12
5.5.1 Chinese cobalt tetroxide producers' operating rate in November leveled off MOM 12
5.5.2 China's cobalt tetroxide output in November didn't change MoM 12
5.5.Asian Metal Copyright1.Asian Metal Copyright3 Chinese cobalt tetroxide producers' stocks in November up by 14.8% MoM 12
5.6 NCM precursor 13
5.6.Asian Metal Copyright3 In warehouse Baltimore price trend for cobalt metal 99.Asian Metal Copyright1 Chinese NCM precursor producers' operating rate in November down by 0.11% MoM 13
5.6.Asian Metal Copyright3.Asian Metal Copyright2 China's NCM precursor output in November down by 0.2% MoM 13
5.6.3 Chinese NCM precursor producers' stocks in November kept flat MOM 13
6. Customs Statistics 14
6.1 China's cobalt metal imports in October 2022 down by 23.1% MOM 14
6.2 China's cobalt intermediate imports in October 2022 down by 24.5% MoM 14
7. Relevant Industry News 15
7.1 Alloy and magnet markets 15
7.2 Battery market 15
7.3 Ceramic and chemical markets 15
8. Market Outlook for Next Month 15
8.1 Chinese market 15
8.1.Asian Metal Copyright2 CIF China prices for cobalt intermediate 20-30% 3 3.Asian Metal Copyright1 Delivered price trend for cobalt metal 99.8%min 15
8.1.Asian Metal Copyright9 Delivered price trend for LNCMO 523 15 8.Asian Metal Copyright2 Delivered price trend for cobalt powder 99.5%min 15
8.1.3 Delivered price trend for cobalt carbonate 46%min 15
8.1.Asian Metal Copyright1.Asian Metal Copyright4 Delivered price trend for cobalt sulfate 20.5%min 15
8.1.5 Delivered price trend for cobalt chloride 24%min 15
8.1.Asian Metal Copyright76% MoM 9 5.Asian Metal Copyright6 Delivered price trend for cobalt tetroxide 73.5%min 15
8.1.7 Delivered price trend for cobalt oxide 72%min 15
8.1.8 Delivered price trend for LCO Co 60%min 15
8.1.9 Delivered price trend for LNCMO 523 15
8.1.10 Delivered price trend for LNCMO 622 15
8.2 International market 15
8.2.1 CIF China price trend for cobalt concentrate and intermediates 15
8.2.Asian Metal Copyright1 China's cobalt metal imports in October 2022 down by 23.Asian Metal Copyright2 In warehouse Rotterdam price trend for cobalt metal 99.8 %min 15
8.2.Asian Metal Copyright12 Delivered prices for NCM precursor 622 5 3.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 Copyright4 Delivered prices for cobalt powder 99Asian Metal Copyright