China March imports of cobalt raw materials rose 43% YoY, COVID-19 lockdown threatens supply shortage in early June_SMM

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Home / Metal News / Cobalt & Lithium / China March imports of cobalt raw materials rose 43% YoY, COVID-19 lockdown threatens supply shortage in early June

China March imports of cobalt raw materials rose 43% YoY, COVID-19 lockdown threatens supply shortage in early June

Apr 28,2020 14:11

CST

Data Analysis

Source:SMM

Domestic demand for raw materials increased following the return of cobalt salt producers in March, and this led to the rebound in imports. It is understood that cobalt raw materials delivery to smelters resumed at the beginning of March and more than 80% of producers restarted operations by end-March.

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