Macroeconomics 1. [Reverse Repo] The People's Bank of China (PBOC) announced that it will conduct a 500-billion-RMB Medium-term Lending Facility (MLF) operation on August 25. The

As of August 25th, the semi-annual reports of the four major listed companies in the cobalt industry chain have all been disclosed. Among them, Zhejiang

Cobalt prices continued to fall throughout August According to the cobalt market analysis system from SunSirs, the price of cobalt stood at 304,700 RMB/tonne on August

Crude oil prices fluctuated during the session as negotiations between Iran and the U.S. regarding the Strait of Hormuz showed little sign of a breakthrough,

On August 11, 2026, the SunSirs benchmark price for cobalt stood at 328,700 RMB/ton, down from 347,300 RMB/ton on July 1—a cumulative monthly decline of

According to data released by the National Bureau of Statistics on August 9, the national producer price index (PPI)—measuring factory-gate prices—rose 3.5% year-on-year and fell

Industry insiders told reporters: "The Democratic Republic of the Congo (DRC) plans to restrict the direct export of copper and cobalt concentrates to compel companies

Cobalt prices fell sharply in July According to the cobalt market analysis system from SunSirs, the price of cobalt stood at 355,900 RMB/tonne on July 22,

Macroeconomics 1. [US Tariffs] On July 21 (local time), US President Trump announced via social media that all generic drugs imported into the US would continue

According to the International Business Daily, Africa holds approximately 30% of the world's proven reserves of critical minerals, boasting significant advantages in strategic minerals such

Cobalt prices stopped rising and fell in July According to the cobalt market analysis system of SunSirs, the cobalt price stood at 377,000 RMB/ton on July

Cobalt prices plummeted in June According to the SunSirs cobalt market analysis system, the price of cobalt stood at 398,200 RMB/ton on June 12, marking a

According to China International Petroleum & Chemical, amidst the rapid growth of new energy and high-end manufacturing industries, critical minerals such as nickel, lithium, cobalt,

In May, cobalt prices fluctuated at high levels with an upward bias According to the SunSirs Commodity Cobalt Market Analysis System: On May 29, the

In April, the White House released a policy explanation document, announcing a new tariff policy for key industrial sectors. This policy will expand the scope

Variety/Specification Quote market/region Quote: average price Rise and fall unit 1# Cobalt Guangdong Nanchu spot 412,000-432,000 422,000 1,000 RMB/ton 1# Cobalt Shanghai Metal Network 424,000-432,000 428,000 1,500 RMB/ton Electrolytic Cobalt (99.8%) Shanghai Huatong spot 424,000-431,000 427,500 1,000 RMB/ton Cobalt (250kg/drum 99.95%) Domestic/Zambia 426,000-432,000 429,000 3,000 RMB/ton Cobalt powder (-200 mesh, domestic) Shanghai area 553,000-560,000 556,500 -1,000 RMB/ton Electrolytic cobalt Shanghai Gold Collection

Variety/Specification Quote market/region Quote: average price Rise and fall unit 1# Cobalt Guangdong Nanchu spot 412,000-432,000 422,000 0 RMB/ton 1# Cobalt Shanghai Metal Network 421,000-431,000 426,000 -1,500 RMB/ton Electrolytic Cobalt (99.8%) Shanghai Huatong spot 423,000-430,000 426,500 0 RMB/ton Cobalt (250kg/drum 99.95%) Domestic/Zambia 423,000-430,000 426,500 -1,000 RMB/ton Cobalt powder (-200 mesh, domestic) Shanghai area 555,000-565,000 560,000 0 RMB/ton Electrolytic cobalt Shanghai Gold Collection

Variety/Specification Quote market/region Quote: average price Rise and fall unit 1# Cobalt Guangdong Nanchu spot 412,000-432,000 422,000 0 RMB/ton 1# Cobalt Shanghai Metal Network 423,000-432,000 427,500 2,500 RMB/ton Electrolytic Cobalt (99.8%) Shanghai Huatong spot 423,000-430,000 426,500 0 RMB/ton Cobalt (250kg/drum 99.95%) Domestic/Zambia 425000-432,000 428,500 4,000 RMB/ton Cobalt powder (-200 mesh, domestic) Shanghai area 555,000-565,000 560,000 -2,500 RMB/ton Electrolytic cobalt Shanghai Gold Collection

Influenced by factors such as resource endowments and geopolitical considerations, some strategic minerals in China are facing supply and demand contradictions. Although significant progress has