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Home / Metal News / Oct production of cobalt sulphate rises 7% on month

Oct production of cobalt sulphate rises 7% on month

Dec 3, 2018 11:09

Source:SMM

Output stood at 2,315 mt in metal content in Oct

SHANGHAI, Dec 3 (SMM) – China's cobalt sulphate production increased 7% from September, to 2,315 mt in metal content in October, SMM data showed.

Higher output in Jiangsu and Zhejiang provinces accounted for the increase. Robust demand from the ternary materials market encouraged producers to step up production of cobalt salt. They also accelerated operation to meet annual targets, SMM learned.

SMM expects high downstream demand to keep production of cobalt sulphate flat in November at around 2,315 mt in metal content.

Production data

Cobalt sulphate

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China's cobalt sulphate output stood at 4,640 mt in metal content in May, a month-on-month increase of 5% and year-on-year increase of 69%.

Jun 16, 2021 09:54

Analysis

Slower inventory decline for cobalt sulphate in May-June

Cobalt sulphate stocks tightened in February, inventory consumption slowed down in March

n February, China's cobalt sulphate output was 3,615 mt in metal content, down 16.6% month-on-month but up 99.6% year-on-year.

Mar 25, 2021 11:00

Analysis

Cobalt sulphate stocks tightened in February, inventory consumption slowed down in March

China’s cobalt sulphate demand-supply structure continues to improve, providing stronger traction to prices

China's cobalt sulpuate supply rose 5.1% from September, but declined 2.9% from a year ago, to 3,700 mt (Co content) in October, the latest SMM survey showed.

Nov 10, 2020 14:07

Analysis

China’s cobalt sulphate demand-supply structure continues to improve, providing stronger traction to prices

Cobalt sulphate prices to extend declines in March amid inventory buildup

SMM expects cobalt sulphate prices to extend declines to 46,000-47,000 yuan/mt by end-March as demand from motive power battery sector may remain subdued this month. Downstream consumption in April will likely improve markedly from March, which may see cobalt sulphate prices stemming declines in the second half of April.

Mar 19, 2020 16:41

SMM Comments

Cobalt sulphate prices to extend declines in March amid inventory buildup

Low inventories of feedstock likely to extend growth in cobalt prices

Speculative purchases on news about production halt at Glencore boosted the market

Aug 15, 2019 13:42

SMM Comments

Low inventories of feedstock likely to extend growth in cobalt prices

Delayed maintenance grows China's copper cathode output more than expected in Jul

Planned maintenance at Yunnan Tin was postponed to Aug

Aug 8, 2019 15:45

Analysis

Delayed maintenance grows China's copper cathode output more than expected in Jul

Falling market drives cobalt sulphate producer to shift capacity

The destocking inclination is likely to expand downside room in prices in the short term

Jun 6, 2019 10:56

SMM Insight SMM Comments Industry

Falling market drives cobalt sulphate producer to shift capacity

Production of cobalt sulphate to dip to 3,200 mt in Feb

This compared with Jan's output of 3,557 mt. Both are in metal content.

Mar 4, 2019 10:45

Analysis

Production of cobalt sulphate to dip to 3,200 mt in Feb

Daily crude steel output at CISA member mills extends rise in early-Feb

Daily output of crude steel across China Iron and Steel Association member mills averaged 1.92 million mt during Feb 1-10

Feb 25, 2019 17:33

Analysis

Daily crude steel output at CISA member mills extends rise in early-Feb

Production of cobalt sulphate to rise 26.4% YoY in 2018

Output of cobalt sulphate is likely to rise 26.4% year on year to 37,300 mt

Dec 24, 2018 12:06

Analysis

Production of cobalt sulphate to rise 26.4% YoY in 2018

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Oct production of cobalt sulphate rises 7% on month

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