Monthly Cobalt Market Report Mar 2023
2023-04-13 20:50:32 【Print】
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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
3.1.3 Delivered prices for cobalt metal 99.8%min 3
3.1.4 Delivered prices for cobalt powder 99.5%min 3
3.1.5 Delivered prices for cobalt carbonate 46%min 4
3.1.6 Delivered prices for cobalt sulfate 20.5%min 4
3.1.7 Delivered prices for cobalt chloride 24%min 4
3.1.8 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 5
3.2 Intentional Market Movements 6
3.2.1 Cobalt metal 99.8%min prices in warehouse Rotterdam 6
3.2.2 Cobalt oxide 72%min prices in warehouse Rotterdam prices 6
3.2.3 Cobalt metal 99.8%min prices in warehouse Baltimore 6
4. Company News 6
4.1 Zhuzhou Dingli plans to increase output of cobalt powder 6
4.2 BYD's NEV sales up by 90.13% YoY in Jan-Feb 6
4.3 REPT's 50GWh new energy manufacturing base (phase three) goes into construction 6
4.4 GAC Group's NEV sales up by 204.93% YOY in Feb 7
4.5 Ningbo Yanmen resumes cobalt powder production 7
4.6 NBS: China's new energy vehicle output up by 16.3% YOY in Jan-Feb 2023 7
4.7 CNMC Zhengyuan's 60,000tpy lithium battery cathode material precursor project goes into construction 7
5. Producers Statistics 7
5.1 Cobalt metal 7
5.1.1 Chinese cobalt metal producers' operating rate in March 2023 climbs by 11.6% MoM 7
5.1.2 China's cobalt metal output in March 2023 up by 11.6% MoM 7
5.1.3 Chinese cobalt metal producers' inventory in March 2023 climbs up 3.79 times MoM 7
5.2 Cobalt powder 8
5.2.1 Chinese cobalt powder producers' operating rate in March 2023 up by 12.87% MoM 8
5.2.2 China's cobalt powder output in March 2023 up by 12.86% MoM 8
5.2.3 Chinese cobalt powder producers' inventories in March 2023 declines sharply by 36.77% MoM 8
5.3 Cobalt sulfate 9
5.3.1 Chinese cobalt sulfate producers' operating rate in March 2023 declines by 4.66% MoM 9
5.3.2 China's cobalt sulfate output in March 2023 down by 4.65% MoM 9
5.3.3 Chinese cobalt sulfate producers' inventories in March 2023 up by 6.99% MoM 10
5.4 Cobalt chloride 10
5.4.1 Chinese cobalt chloride producers' operating rate in March 2023 level off MoM 10
5.4.2 China's cobalt chloride output in March 2023 unchanged MoM 10
5.4.3 Chinese cobalt chloride producers' stocks in March 2023 up by 5.56% MoM 11
5.5 Cobalt tetroxide 11
5.5.1 Chinese cobalt tetroxide producers' operating rate in March 2023 down by 1.61% MoM 11
5.5.2 China's cobalt tetroxide output in March 2023 slides by 3.48% MoM 12
5.5.3 Chinese cobalt tetroxide producers' stocks in March 2023 edges up by 0.52% MoM 12
5.6 NCM precursor 12
5.6.1 Chinese NCM precursor producers' operating rate in March 2023 down by 1.46% MoM 12
5.6.2 China's NCM precursor output in March 2023 down by 7.68% MoM 13
5.6.3 Chinese NCM precursor producers' stocks in March 2023 climbs by 11.24% MOM 13
6. Customs Statistics 13
6.1 China's cobalt metal imports in February 2023 declines by 54.43% MOM 13
6.2 China's cobalt intermediate imports in February 2023 down by 15.15% MoM 14
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
8.1.1 Delivered price trend for cobalt metal 99.8%min 14
8.1.2 Delivered price trend for cobalt powder 99.5%min 14
8.1.3 Delivered price trend for cobalt carbonate 46%min 15
8.1.4 Delivered price trend for cobalt sulfate 20.5%min 15
8.1.5 Delivered price trend for cobalt chloride 24%min 15
8.1.6 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
8.2.2 In warehouse Rotterdam price trend for cobalt metal 99.8 %min 15
8.2.3 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
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
3.1.3 Delivered prices for cobalt metal 99.8%min 3
3.1.4 Delivered prices for cobalt powder 99.5%min 3
3.1.5 Delivered prices for cobalt carbonate 46%min 4
3.1.6 Delivered prices for cobalt sulfate 20.5%min 4
3.1.7 Delivered prices for cobalt chloride 24%min 4
3.1.8 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 5
3.2 Intentional Market Movements 6
3.2.1 Cobalt metal 99.8%min prices in warehouse Rotterdam 6
3.2.2 Cobalt oxide 72%min prices in warehouse Rotterdam prices 6
3.2.3 Cobalt metal 99.8%min prices in warehouse Baltimore 6
4. Company News 6
4.1 Zhuzhou Dingli plans to increase output of cobalt powder 6
4.2 BYD's NEV sales up by 90.13% YoY in Jan-Feb 6
4.3 REPT's 50GWh new energy manufacturing base (phase three) goes into construction 6
4.4 GAC Group's NEV sales up by 204.93% YOY in Feb 7
4.5 Ningbo Yanmen resumes cobalt powder production 7
4.6 NBS: China's new energy vehicle output up by 16.3% YOY in Jan-Feb 2023 7
4.7 CNMC Zhengyuan's 60,000tpy lithium battery cathode material precursor project goes into construction 7
5. Producers Statistics 7
5.1 Cobalt metal 7
5.1.1 Chinese cobalt metal producers' operating rate in March 2023 climbs by 11.6% MoM 7
5.1.2 China's cobalt metal output in March 2023 up by 11.6% MoM 7
5.1.3 Chinese cobalt metal producers' inventory in March 2023 climbs up 3.79 times MoM 7
5.2 Cobalt powder 8
5.2.1 Chinese cobalt powder producers' operating rate in March 2023 up by 12.87% MoM 8
5.2.2 China's cobalt powder output in March 2023 up by 12.86% MoM 8
5.2.3 Chinese cobalt powder producers' inventories in March 2023 declines sharply by 36.77% MoM 8
5.3 Cobalt sulfate 9
5.3.1 Chinese cobalt sulfate producers' operating rate in March 2023 declines by 4.66% MoM 9
5.3.2 China's cobalt sulfate output in March 2023 down by 4.65% MoM 9
5.3.3 Chinese cobalt sulfate producers' inventories in March 2023 up by 6.99% MoM 10
5.4 Cobalt chloride 10
5.4.1 Chinese cobalt chloride producers' operating rate in March 2023 level off MoM 10
5.4.2 China's cobalt chloride output in March 2023 unchanged MoM 10
5.4.3 Chinese cobalt chloride producers' stocks in March 2023 up by 5.56% MoM 11
5.5 Cobalt tetroxide 11
5.5.1 Chinese cobalt tetroxide producers' operating rate in March 2023 down by 1.61% MoM 11
5.5.2 China's cobalt tetroxide output in March 2023 slides by 3.48% MoM 12
5.5.3 Chinese cobalt tetroxide producers' stocks in March 2023 edges up by 0.52% MoM 12
5.6 NCM precursor 12
5.6.1 Chinese NCM precursor producers' operating rate in March 2023 down by 1.46% MoM 12
5.6.2 China's NCM precursor output in March 2023 down by 7.68% MoM 13
5.6.3 Chinese NCM precursor producers' stocks in March 2023 climbs by 11.24% MOM 13
6. Customs Statistics 13
6.1 China's cobalt metal imports in February 2023 declines by 54.43% MOM 13
6.2 China's cobalt intermediate imports in February 2023 down by 15.15% MoM 14
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
8.1.1 Delivered price trend for cobalt metal 99.8%min 14
8.1.2 Delivered price trend for cobalt powder 99.5%min 14
8.1.3 Delivered price trend for cobalt carbonate 46%min 15
8.1.4 Delivered price trend for cobalt sulfate 20.5%min 15
8.1.5 Delivered price trend for cobalt chloride 24%min 15
8.1.6 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
8.2.2 In warehouse Rotterdam price trend for cobalt metal 99.8 %min 15
8.2.3 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
