According to customs data, in December 2024, China's imports of cobalt hydrometallurgy intermediate products were approximately 18,600 mt (metal content, calculated at 35% grade), down 17% MoM and up 3% YoY. Regarding the average import price, in December 2024, the average import price of China's cobalt hydrometallurgy intermediate products was $12,888/mt (metal content).
By country, in December, the DRC remained the main import source, with an import volume of approximately 18,600 mt (metal content, calculated at 35% grade), an average import price of $12,891/mt (metal content), and accounting for about 99.6% of total imports.
By region, in December, the top three provinces for cobalt intermediate product imports were Zhejiang, Fujian, and Hubei, with import shares of 40%, 15%, and 13%, respectively.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Ye Yuan 021-51595792
Disheng Feng 021-51666714
Ying Xu 021-51666707
Yanlin Lü 021-20707875
Yujun Liu 021-20707895
Xiaodan Yu 021-20707870
Zhicheng Zhou 021-51666711
