In November 2025, China's production of cobalt chloride reached 14,754 tonnes, marking a month-on-month increase of 3.78% but a year-on-year decrease of 25.11%. In November, the downstream demand for Co3O4 remained relatively stable, continuing its month-on-month growth trend. This stability helped drive improved demand for cobalt chloride. Additionally, some smelters made slight adjustments to their product structures, shifting production focus toward cobalt chloride. As a result, the overall output of cobalt chloride in November showed an upward trend.
China's production of cobalt chloride is projected to be 13,687 tonnes in December, reflecting a month-on-month decrease of 7.23% and a year-on-year decline of 31.40%. In December, as the market enters the off-season, downstream demand for cobalt chloride has softened. Moreover, some producers are facing production pressures due to raw material shortages and have gradually reduced output. Consequently, cobalt chloride production in December is expected to decline MoM.
Edited by Cassie Li, lixiangying@mysteel.com
