Monthly Cobalt Market Report Oct 2023

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 Copyright2 China's cobalt chloride output in October 2023 increased by 2.Asian Metal Copyright3 Delivered prices for cobalt metal 99.8%min 3
3.1.Asian Metal Copyright Economy and Policy 3 3 Market Movements 3 3.Asian Metal Copyright4 Delivered prices for cobalt powder 99.5%min 4
3.1.5 Delivered prices for cobalt carbonate 46%min 4
3.1.Asian Metal Copyright2.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 Copyright1.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 Copyright3.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 cobalt metal producers' operating rate in October 2023 up by 2.Asian Metal Copyright3 Cobalt metal 99.8%min prices in warehouse Baltimore 6
4. Company News 6
5. Producers Statistics 7
5.1 Cobalt metal 7
5.1.Asian Metal Copyright2.Asian Metal Copyright1 Chinese cobalt metal producers' operating rate in October 2023 up by 2.03% MoM 7
5.1.Asian Metal Copyright1 CIF China prices for cobalt concentrate 6-8% 3 3.Asian Metal Copyright2 China's cobalt metal output in October 2023 up by 2.03% MoM 7
5.1.Asian Metal Copyright2 In warehouse Rotterdam price trend for cobalt metal 99.Asian Metal Copyright3 Chinese cobalt metal producers' inventory in October 2023 down by 3.59% MoM 8
5.2 Cobalt powder 8
5.2.Asian Metal Copyright4.Asian Metal Copyright1 Chinese cobalt powder producers' operating rate in October 2023 up by 0.68% MoM 8
5.2.Asian Metal Copyright1.Asian Metal Copyright2 China's cobalt powder output in October 2023 edged up by 0.67% MoM 8
5.2.Asian Metal Copyright7 Delivered prices for cobalt chloride 24%min 4 3.Asian Metal Copyright3 Chinese cobalt powder producers' inventories in October 2023 decreased by 22.92% MoM 9
5.3 Cobalt sulfate 9
5.3.Asian Metal Copyright1.Asian Metal Copyright1 Chinese cobalt sulfate producers' operating rate in October 2023 down by 0.19% MoM 9
5.3.Asian Metal Copyright03% MoM 7 5.Asian Metal Copyright2 China's cobalt sulfate output in October 2023 down by 0.21% MoM 9
5.3.Asian Metal Copyright6 NCM precursor 13 5.Asian Metal Copyright3 Chinese cobalt sulfate producers' inventories in October 2023 up by 3.21% MoM 10
5.4 Cobalt chloride 10
5.4.Asian Metal Copyright3 Delivered prices for cobalt metal 99.Asian Metal Copyright1 Chinese cobalt chloride producers' operating rate in October 2023 move up by 2.87% MoM 10
5.4.Asian Metal Copyright2.Asian Metal Copyright2 China's cobalt chloride output in October 2023 increased by 2.87% MoM 11
5.4.Asian Metal Copyright2 China's cobalt chloride output in October 2023 increased by 2.Asian Metal Copyright3 Chinese cobalt chloride producers' stocks in October 2023 down by 11.73% MoM 11
5.5 Cobalt tetroxide 12
5.5.1 Chinese cobalt tetroxide producers' operating rate in October 2023 kept flat MoM 12
5.5.2 China's cobalt tetroxide output in October 2023 leveled off MoM 12
5.5.Asian Metal Copyright Producers Statistics 7 5.Asian Metal Copyright3 Chinese cobalt tetroxide producers' stocks in October 2023 down by 0.34% MoM 12
5.6 NCM precursor 13
5.6.Asian Metal Copyright1.Asian Metal Copyright1 Chinese NCM precursor producers' operating rate in October 2023 up by 7.69% MoM 13
5.6.Asian Metal Copyright1.Asian Metal Copyright2 China's NCM precursor output in October 2023 up by 7.70% MoM 13
5.6.Asian Metal Copyright1 CIF China prices for cobalt concentrate 6-8% 3 3.Asian Metal Copyright3 Chinese NCM precursor producers' stocks in October 2023 down 2.40% MOM 13
6. Customs Statistics 14
6.1 China's cobalt metal imports in September 2023 up by 265.93% MOM 14
6.2 China's cobalt intermediate imports in September 2023 increases by 28.06% 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 China's cobalt intermediate imports in September 2023 increases by 28.Asian Metal Copyright1 Delivered price trend for cobalt metal 99.8%min 15
8.1.Asian Metal Copyright1.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 Copyright3 Chinese cobalt chloride producers' stocks in October 2023 down by 11.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 Copyright2 Cobalt oxide 72%min prices in warehouse Rotterdam prices 6 3.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 Chinese cobalt chloride producers' operating rate in October 2023 move up by 2.Asian Metal Copyright2 In warehouse Rotterdam price trend for cobalt metal 99.8 %min 15
8.2.Asian Metal Copyright2.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 16
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