Monthly Cobalt Market Report Apr 2023
2023-05-17 08:29:25 【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 4
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 5
3.2.1 Cobalt metal 99.8%min prices in warehouse Rotterdam 5
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 Tesla's auto shipments hit record high in Q1 2023 6
4.2 BYD's NEV sales up by 92.81% YoY in Jan-Mar 6
4.3 Great Power to invest in building 21GWh energy-storage battery project 6
4.4 Electron Energy's cobalt metal consumption decreases 6
4.5 Electron Energy's cobalt metal consumption decreases 6
4.6 Tesla to build first overseas Megapack energy storage factory in Shanghai 6
4.7 Hunan Yacheng reduces cobalt tetroxide output 7
4.8 Hangzhou Zhiyu's SmCo magnet output increases 7
4.9 Envision AESC signs agreement on phase two 20GWh batter project in Erdos 7
4.10 Jiangsu Xiongfeng to reduce cobalt sulfate output 7
4.11 China Molybdenum to commence operation of Congo (Kinshasa) TFM copper-cobalt project in 2023 7
4.12 Zhejiang Sansheng to reduce cobalt sulfate output 7
4.13 Ningbo Yanmen to reduce cobalt powder output 7
5. Producers Statistics 7
5.1 Cobalt metal 7
5.1.1 Chinese cobalt metal producers' operating rate in April 2023 unchanged MoM 7
5.1.2 China's cobalt metal output in April 2023 level off MoM 7
5.1.3 Chinese cobalt metal producers' inventory in April 2023 unchanged MoM 8
5.2 Cobalt powder 8
5.2.1 Chinese cobalt powder producers' operating rate in April 2023 down by 2.46% MoM 8
5.2.2 China's cobalt powder output in April 2023 slides by 2.46% MoM 8
5.2.3 Chinese cobalt powder producers' inventories in April 2023 up by 12.75% MoM 9
5.3 Cobalt sulfate 9
5.3.1 Chinese cobalt sulfate producers' operating rate in April 2023 drops by 7.78% MoM 9
5.3.2 China's cobalt sulfate output in April 2023 down by 7.79% MoM 9
5.3.3 Chinese cobalt sulfate producers' inventories in April 2023 edged up by 0.24% MoM 10
5.4 Cobalt chloride 10
5.4.1 Chinese cobalt chloride producers' operating rate in April 2023 declines by 12.83% MoM 10
5.4.2 China's cobalt chloride output in April 2023 down by 12.83% MoM 11
5.4.3 Chinese cobalt chloride producers' stocks in April 2023 climbs by 21.05% MoM 11
5.5 Cobalt tetroxide 11
5.5.1 Chinese cobalt tetroxide producers' operating rate in April 2023 slides by 0.16% MoM 11
5.5.2 China's cobalt tetroxide output in April 2023 slides by 0.36% MoM 12
5.5.3 Chinese cobalt tetroxide producers' stocks in April 2023 unchanged MoM 12
5.6 NCM precursor 13
5.6.1 Chinese NCM precursor producers' operating rate in April 2023 down by 1.2% MoM 13
5.6.2 China's NCM precursor output in April 2023 slides by 1.2% MoM 13
5.6.3 Chinese NCM precursor producers' stocks in April 2023 level off MOM 13
6. Customs Statistics 14
6.1 China's cobalt metal imports in March 2023 climbs by 1.35 times MOM 14
6.2 China's cobalt intermediate imports in Marh 2023 down by 15.15% 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
8.1.1 Delivered price trend for cobalt metal 99.8%min 15
8.1.2 Delivered price trend for cobalt powder 99.5%min 15
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 4
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 5
3.2.1 Cobalt metal 99.8%min prices in warehouse Rotterdam 5
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 Tesla's auto shipments hit record high in Q1 2023 6
4.2 BYD's NEV sales up by 92.81% YoY in Jan-Mar 6
4.3 Great Power to invest in building 21GWh energy-storage battery project 6
4.4 Electron Energy's cobalt metal consumption decreases 6
4.5 Electron Energy's cobalt metal consumption decreases 6
4.6 Tesla to build first overseas Megapack energy storage factory in Shanghai 6
4.7 Hunan Yacheng reduces cobalt tetroxide output 7
4.8 Hangzhou Zhiyu's SmCo magnet output increases 7
4.9 Envision AESC signs agreement on phase two 20GWh batter project in Erdos 7
4.10 Jiangsu Xiongfeng to reduce cobalt sulfate output 7
4.11 China Molybdenum to commence operation of Congo (Kinshasa) TFM copper-cobalt project in 2023 7
4.12 Zhejiang Sansheng to reduce cobalt sulfate output 7
4.13 Ningbo Yanmen to reduce cobalt powder output 7
5. Producers Statistics 7
5.1 Cobalt metal 7
5.1.1 Chinese cobalt metal producers' operating rate in April 2023 unchanged MoM 7
5.1.2 China's cobalt metal output in April 2023 level off MoM 7
5.1.3 Chinese cobalt metal producers' inventory in April 2023 unchanged MoM 8
5.2 Cobalt powder 8
5.2.1 Chinese cobalt powder producers' operating rate in April 2023 down by 2.46% MoM 8
5.2.2 China's cobalt powder output in April 2023 slides by 2.46% MoM 8
5.2.3 Chinese cobalt powder producers' inventories in April 2023 up by 12.75% MoM 9
5.3 Cobalt sulfate 9
5.3.1 Chinese cobalt sulfate producers' operating rate in April 2023 drops by 7.78% MoM 9
5.3.2 China's cobalt sulfate output in April 2023 down by 7.79% MoM 9
5.3.3 Chinese cobalt sulfate producers' inventories in April 2023 edged up by 0.24% MoM 10
5.4 Cobalt chloride 10
5.4.1 Chinese cobalt chloride producers' operating rate in April 2023 declines by 12.83% MoM 10
5.4.2 China's cobalt chloride output in April 2023 down by 12.83% MoM 11
5.4.3 Chinese cobalt chloride producers' stocks in April 2023 climbs by 21.05% MoM 11
5.5 Cobalt tetroxide 11
5.5.1 Chinese cobalt tetroxide producers' operating rate in April 2023 slides by 0.16% MoM 11
5.5.2 China's cobalt tetroxide output in April 2023 slides by 0.36% MoM 12
5.5.3 Chinese cobalt tetroxide producers' stocks in April 2023 unchanged MoM 12
5.6 NCM precursor 13
5.6.1 Chinese NCM precursor producers' operating rate in April 2023 down by 1.2% MoM 13
5.6.2 China's NCM precursor output in April 2023 slides by 1.2% MoM 13
5.6.3 Chinese NCM precursor producers' stocks in April 2023 level off MOM 13
6. Customs Statistics 14
6.1 China's cobalt metal imports in March 2023 climbs by 1.35 times MOM 14
6.2 China's cobalt intermediate imports in Marh 2023 down by 15.15% 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
8.1.1 Delivered price trend for cobalt metal 99.8%min 15
8.1.2 Delivered price trend for cobalt powder 99.5%min 15
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
