[SMM Analysis] China's exports and imports of unwrought cobalt both saw significant growth in April 2025

Published: May 20, 2025 11:41

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[SMM Analysis: China's Unwrought Cobalt Exports and Imports Both Saw Significant Growth in April 2025] In April 2025, China's unwrought cobalt imports reached approximately 839 mt (metal content), up 60% MoM and 230% YoY.

In April 2025, China's imports of unwrought cobalt amounted to approximately 839 mt (metal content), up 60% MoM and 230% YoY. In terms of average import prices, the average import price of unwrought cobalt in China in April 2025 was $26,831/mt (metal content), up 36% MoM. From January to April 2025, cumulative imports reached 2,337 mt (metal content), up 175% YoY.

In terms of exports, China's exports of unwrought cobalt in April 2025 amounted to approximately 4,086 mt (metal content), up 201% MoM and 556% YoY. In terms of average export prices, the average export price of unwrought cobalt in China in March 2025 was $31,119/mt (metal content), up 28% MoM. From January to April 2025, cumulative exports reached 7,397 mt (metal content), up 185% YoY.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lv Yanlin 021-20707875

Liu Yujun 021-20707895

Zhou Zhicheng 021-51666711

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

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