Demand-side Drivers for Cobalt Prices
{"Image DocumentName": "Demand-side Drivers for Cobalt Prices", "Image ImageDescription": "Cyclical Demand Resumes After Recession-Led Slump. Recovery in lagging consumers spending trends affecting the aerospace sector, power generation, automobile production, personal electronic equipment, etc. Cobalt Chemicals Exposed to Growing Global Market Share for Rechargeable Batteries for Automotive Applications (Hybrid Electric Vehicles, Electric Vehicles, and Plug-in Hybrid Electric Vehicles) Uncertainty Overhangs Cobalt\u2019s Forward Supply Curve. Traditional LiCoO2 cathode material continues to face substitution to mixed metal oxide materials, that may contain less or no cobalt. The LME Cobalt Contract. As a market of last resort, the industry can use the LME\u2019s delivery option to sell excess stocks in times of oversupply or to source material during supply shortages. The cobalt market will become more exposed to investment demand. So, To recap, we believe moly prices are set too rise a market conditions continue to tighten. The current supply over hang in China is not necessarily bearish if you put changes in Chinese mining policies into context. And lastly, CPM Group\u2019s bullish outlook for molybdenum prices largely rest on supply-side drivers as molybdenum demand growth is projected to slow, but remain at historically high levels.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}