Monthly Cobalt Market Report Jul 2025
2025-08-12 08:34:16 【Print】
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Contents
1 Market Highlights 2
2. Economy and Policy 2
3 Market Movements 2
3.1 Market Movements in China 2
3.1.1 CIF China prices for cobalt intermediate 30-40% 2
3.1 . 2 Delivered prices for cobalt metal 99.8%min 2
3.1 . 3 Delivered prices for cobalt powder 99.5%min 2
3.1.4 Delivered prices for cobalt carbonate 46%min 2
3.1 . 5 Delivered prices for cobalt sulfate 20.5%min 3
3.1.6 Delivered prices for cobalt chloride 24%min 3
3.1 . 7 Delivered prices for cobalt tetroxide 73.5%min 3
3.1.8 Delivered prices for cobalt oxide 72%min 3
3.1.9 Delivered prices for NCM precursor 523 3
3.1.10 Delivered prices for NCM precursor 613 3
3.1.11 Delivered prices for NCM precursor 8312 4
3.1.12 Delivered prices for LCO Co 60%min 4
3.1.13 Delivered prices for LNCMO 523 4
3.1.14 Delivered prices for LNCMO 613 4
3.1.15 Delivered prices for LNCMO 8312 4
3.2 Intentional Market Movements 4
3.2 . 1 Cobalt metal 99.8%min prices in warehouse Rotterdam 4
3.2 . 3 Cobalt metal 99.8%min prices in warehouse Baltimore 5
4. Company News 5
5. Producers Statistics 5
5.1 Cobalt metal 5
5.1 . 1 Chinese cobalt metal producers' operating rate in July 2025 down by 4.4% MoM 5
5.1 . 2 China's cobalt metal output in July 2025 up by 0.49% MoM 5
5.1.3 Chinese cobalt metal producers' inventory in July 2025 down by 13% MoM 5
5.2 Cobalt powder 5
5.2 . 1 Chinese cobalt powder producers' operating rate in July 2025 up by 5.7% MoM 5
5.2 . 2 China's cobalt powder output in July 2025 edged up by 5.7% MoM 6
5.2 . 3 Chinese cobalt powder producers' inventories in July 2025 increased by 4.9% MoM 6
5.3 Cobalt sulfate 6
5.3.1 Chinese cobalt sulfate producers' operating rate in July 2025 down by 14% MoM 6
5.3 . 2 China's cobalt sulfate output in July 2025 down by 14.1% MoM 7
5.3 . 3 Chinese cobalt sulfate producers' inventories in July 2025 up by 7.14% MoM 7
5.4 Cobalt chloride 7
5.4 . 1 Chinese cobalt chloride producers' operating rate in July 2025 move down by 8.88% MoM 7
5.4 . 2 China's cobalt chloride output in July 2025 decreased by 8.86% MoM 8
5.4 . 3 Chinese cobalt chloride producers' stocks in July 2025 down by 9.39% MoM 8
5.5 Cobalt tetroxide 8
5.5 . 1 Chinese cobalt tetroxide producers' operating rate in July 2025 up by 4.2% MoM 8
5.5 . 2 China's cobalt tetroxide output in July 2025 down by 4.37% MoM 9
5.5 . 3 Chinese cobalt tetroxide producers' stocks in July 2025 up by 3.7% MoM 9
5.6 NCM precursor 9
5.6 . 1 Chinese NCM precursor producers' operating rate in July 2025 rise by 6.18% MoM 9
5.6 . 2 China's NCM precursor output in July 2025 up by 6.17% MoM 10
5.6 . 3 Chinese NCM precursor producers' stocks in July 2025 up by 16.13% MOM 10
6. Customs Statistics 10
6.1 China's cobalt metal imports in June 2025 down by 15.98% MOM 10
6.2 China's cobalt intermediate imports in June 2025 decreases by 61.63% MoM 11
1 Market Highlights 2
2. Economy and Policy 2
3 Market Movements 2
3.1 Market Movements in China 2
3.1.1 CIF China prices for cobalt intermediate 30-40% 2
3.1 . 2 Delivered prices for cobalt metal 99.8%min 2
3.1 . 3 Delivered prices for cobalt powder 99.5%min 2
3.1.4 Delivered prices for cobalt carbonate 46%min 2
3.1 . 5 Delivered prices for cobalt sulfate 20.5%min 3
3.1.6 Delivered prices for cobalt chloride 24%min 3
3.1 . 7 Delivered prices for cobalt tetroxide 73.5%min 3
3.1.8 Delivered prices for cobalt oxide 72%min 3
3.1.9 Delivered prices for NCM precursor 523 3
3.1.10 Delivered prices for NCM precursor 613 3
3.1.11 Delivered prices for NCM precursor 8312 4
3.1.12 Delivered prices for LCO Co 60%min 4
3.1.13 Delivered prices for LNCMO 523 4
3.1.14 Delivered prices for LNCMO 613 4
3.1.15 Delivered prices for LNCMO 8312 4
3.2 Intentional Market Movements 4
3.2 . 1 Cobalt metal 99.8%min prices in warehouse Rotterdam 4
3.2 . 3 Cobalt metal 99.8%min prices in warehouse Baltimore 5
4. Company News 5
5. Producers Statistics 5
5.1 Cobalt metal 5
5.1 . 1 Chinese cobalt metal producers' operating rate in July 2025 down by 4.4% MoM 5
5.1 . 2 China's cobalt metal output in July 2025 up by 0.49% MoM 5
5.1.3 Chinese cobalt metal producers' inventory in July 2025 down by 13% MoM 5
5.2 Cobalt powder 5
5.2 . 1 Chinese cobalt powder producers' operating rate in July 2025 up by 5.7% MoM 5
5.2 . 2 China's cobalt powder output in July 2025 edged up by 5.7% MoM 6
5.2 . 3 Chinese cobalt powder producers' inventories in July 2025 increased by 4.9% MoM 6
5.3 Cobalt sulfate 6
5.3.1 Chinese cobalt sulfate producers' operating rate in July 2025 down by 14% MoM 6
5.3 . 2 China's cobalt sulfate output in July 2025 down by 14.1% MoM 7
5.3 . 3 Chinese cobalt sulfate producers' inventories in July 2025 up by 7.14% MoM 7
5.4 Cobalt chloride 7
5.4 . 1 Chinese cobalt chloride producers' operating rate in July 2025 move down by 8.88% MoM 7
5.4 . 2 China's cobalt chloride output in July 2025 decreased by 8.86% MoM 8
5.4 . 3 Chinese cobalt chloride producers' stocks in July 2025 down by 9.39% MoM 8
5.5 Cobalt tetroxide 8
5.5 . 1 Chinese cobalt tetroxide producers' operating rate in July 2025 up by 4.2% MoM 8
5.5 . 2 China's cobalt tetroxide output in July 2025 down by 4.37% MoM 9
5.5 . 3 Chinese cobalt tetroxide producers' stocks in July 2025 up by 3.7% MoM 9
5.6 NCM precursor 9
5.6 . 1 Chinese NCM precursor producers' operating rate in July 2025 rise by 6.18% MoM 9
5.6 . 2 China's NCM precursor output in July 2025 up by 6.17% MoM 10
5.6 . 3 Chinese NCM precursor producers' stocks in July 2025 up by 16.13% MOM 10
6. Customs Statistics 10
6.1 China's cobalt metal imports in June 2025 down by 15.98% MOM 10
6.2 China's cobalt intermediate imports in June 2025 decreases by 61.63% MoM 11