Commodity Market Report
Global cobalt short-term outlook July 2024
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Cobalt prices continue to fall as production capacity continues to exceed expectations. We have revised our price expectations as additional production capacity exceeded expectations in July. With the retreat of copper prices and the continued slump in nickel prices, there is a possibility of a decline in cobalt production in the second half of the year or early 2025, but this still needs to change our view of a deep supply surplus in the market. In July, demand for NCM precursors recovered slightly but remained sluggish overall.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global Short-Term LNG Supply Tracker (Q2 2025)
Quarterly update of short-term LNG supply dynamics by country
$1,050
Insight
The impact of 50% tariffs on US steel
US 50% steel tariffs redraw trade flows. We assess the impact on demand, production, and top exporters. No partner is immune.
$1,050
Asset Report
Jiyuan (Yuguang) zinc smelter
A detailed analysis of the Jiyuan (Yuguang) zinc smelter.
$2,250
