有色ETF基金(159880)红盘向上，机构看好钴价继续上行

Group 1 - The core viewpoint of the news is that the cobalt export ban in the Democratic Republic of Congo (DRC) may be extended for at least two more months, which could lead to a significant supply shortage of cobalt in China by February 2026, especially with the upcoming demand peak in the electric vehicle and consumer electronics sectors [1] - The DRC accounts for 74% of global cobalt production, and since the export ban was implemented in June, China's imports of cobalt intermediate products have drastically decreased by 62%, dropping from approximately 50,000 tons to 5,000 tons by August [1] - The extension of the export ban is expected to reduce raw material supply, which, combined with the seasonal demand increase, may lead to accelerated inventory depletion in the domestic industry and support upward pressure on cobalt prices [1] Group 2 - The China Securities Index Co. has established the National Securities Nonferrous Metals Industry Index, which includes 50 prominent securities in the nonferrous metals sector, reflecting the overall performance of listed companies in this industry [2] - As of August 29, 2025, the top ten weighted stocks in the National Securities Nonferrous Metals Industry Index accounted for 50.35% of the index, with major companies including Zijin Mining, Northern Rare Earth, and Huayou Cobalt [2]