In December 2024, China's imports of unwrought cobalt were approximately 605 mt (metal content), up 22% MoM and up 133% YoY. Regarding the average import price, the average import price of unwrought cobalt in China in December 2024 was $22,195/mt (metal content). From January to December 2024, cumulative imports totaled 3,368 mt (metal content), down 10% YoY.
On the export side, in December 2024, China's exports of unwrought cobalt were approximately 691 mt (metal content), down 9% MoM and up 34% YoY. Regarding the average export price, the average export price of unwrought cobalt in China in December 2024 was $23,217/mt (metal content). From January to December 2024, cumulative exports totaled 8,123 mt (metal content), up 116% YoY.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Ying Xu 021-51666707
Yanlin Lü 021-20707875
Yujun Liu 021-20707895
Xiaodan Yu 021-20707870
Zhicheng Zhou 021-51666711
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