Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Q2 digital demand was sluggish, mobile phone shipments and LCO supply decreased

Q2 digital demand was sluggish, mobile phone shipments and LCO supply decreased

Jun 22, 2021 10:11

Source:SMM

China's mobile phone shipments were 22.97 million units in May, a year-on-year decrease of 32%. Mobile phone shipments are expected to fall 23% year-on-year to 22 million units in June.

SHANGHAI, Jun 22 (SMM) — China's mobile phone shipments were 22.97 million units in May, a year-on-year decrease of 32%. Mobile phone shipments are expected to fall 23% year-on-year to 22 million units in June.

Demand in India declined due to the Covid-19 pandemic. Chip shortage severely hit mobile phone shipments of Huawei. The overall 3C consumer demand was sluggish, and mobile phone production and shipments declined.

Delays in downstream procurement amid weaker demand forced LCO plants to lower production schedules.

LCO output stood at 7,220 mt in May, down 2% month-on-month, but up 26% year-on-year. Output in June is expected at 7,020 mt, down 3% MoM but up 12% year-on-year.

Cobalt

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Cobalt raw material inventory continued to decline in March, supply gap eased slightly in Q2

Cobalt raw material inventory (excluding refined cobalt) fell 5,100 mt in metal content in Q1.

time

Apr 27, 2021 11:28

Cobalt raw material inventory continued to decline in March, supply gap eased slightly in Q2

Huayou Cobalt’s hydro-metallurgy project in Indonesia achieved great progress

The delivery ceremony of a high-pressure reactor, a core equipment of the hydro-metallurgy project at Huayue Nickel & Cobablt (Indonesia) of Huayou Cobalt & Morimatsu, was held at Morimatsu’s Nantong factory on November 20. Since then, all four high-pressure reactors have been completed and delivered, marking that the Huayue project is about to enter a new stage of key equipment installation.

time

Nov 27, 2020 11:36

Huayou Cobalt’s hydro-metallurgy project in Indonesia achieved great progress

Cobalt prices rebounded, lithium prices underpinned by costs

The short-term supply tightness of cobalt raw materials lifted cobalt salt prices last week, but limited trades and continued weakness in consumption may cap any rebound in the near-term prices. Prices of lithium carbonate will unlikely to extend declines given the raw materials costs and the trade prospects in Q2 this year.

time

May 27, 2020 13:53

Cobalt prices rebounded, lithium prices underpinned by costs

Cobalt and lithium producers in Hubei to resume in mid-March

Full resumption of industrial production is expected across China on March 15, including producers in Hubei, the epicentre of the coronavirus, the latest SMM survey showed. Companies in Hubei are currently in preparation for the recovery. The operating rates of Chinese cobalt salts plants are expected to rise to normal levels in March, from only 30-40% in February. As of March 11, the rates stood at 50-60% for most cobalt salts mills.

time

Mar 11, 2020 16:51

Cobalt and lithium producers in Hubei to resume in mid-March

Disrupted feedstock supply, demand recovery buoyed cobalt salts prices

Major downstream producers will continue to purchase feedstock to fulfil orders received pre-holiday, and this will support cobalt salts prices in the second half of February.

time

Feb 17, 2020 12:27

Disrupted feedstock supply, demand recovery buoyed cobalt salts prices

Cobalt, lithium markets remained quiet as coronavirus delayed post-holiday recovery

The upward trend in overseas prices of refined cobalt will support bullish prospects for domestic prices

time

Feb 10, 2020 15:55

Cobalt, lithium markets remained quiet as coronavirus delayed post-holiday recovery

Bullish sentiment lifted cobalt prices, battery-grade lithium hydroxide in tight supply

Increase in seaborne prices of cobalt boosted domestic cobalt prices last week

time

Jan 13, 2020 13:17

Bullish sentiment lifted cobalt prices, battery-grade lithium hydroxide in tight supply

Cobalt salt prices bottomed out, demand for cathode materials fell

Lithium carbonate prices will see further downsides until the Chinese New Year holiday

time

Dec 17, 2019 16:52

Cobalt salt prices bottomed out, demand for cathode materials fell

Cobalt prices continue rally with lithium prices under pressure

Demand for LFP batteries remained strong, while consumption of ternary batteries failed to recover

time

Sep 16, 2019 13:58

Cobalt prices continue rally with lithium prices under pressure

Imports of cobalt raw materials shrink in Apr

China's imports of cobalt raw materials amounted to 4,800 mt in Apr, down 19.7% from Mar and down 13.7% from Apr 2018

time

Jul 1, 2019 14:14

Imports of cobalt raw materials shrink in Apr

SMM Events & Webinars

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
16
- SMM Indonesia Seminar: Li-ion Battery & Energy Storage
  Sep 16 - 16,2025
  Jakarta, Indonesia
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4.China Lithium Market Dynamics and Lithium Procurement Study

5.Project Case - New Energy -Market Study

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.