In April 2026, China's cobalt chloride production reached 10,695 tonnes, representing a month-on-month decrease of 0.23% and a year-on-year decrease of 41.21%. In April, downstream Co3O4 production schedules remained poor, reducing demand for cobalt chloride. Meanwhile, some smelters reduced operating rates due to raw material shortages, leading to an overall decline in cobalt chloride output for the month.
In May 2026, China's cobalt chloride production is projected to reach 10,305 tonnes, representing a sequential decrease of 3.65% and a year-on-year decrease of 45.22%. In May, raw material shortages are expected to persist, compounded by continued sluggish shipments of downstream Co3O4. As a result, cobalt chloride output is forecast to decline further in May.
Source: Mysteel
Edited by Cassie Li, lixiangying@mysteel.com
