大涨150%！“钴奶奶”越来越贵

Group 1 - The article discusses the recent fluctuations in cobalt prices, noting a current price of 406,800 CNY per ton, which has decreased by 3,600 CNY from the previous day and by 9,000 CNY over the past week, but has increased by 13,300 CNY over the past month, reflecting a rise of over 150% since the cobalt export ban in February this year [5][6] - The pricing power in the cobalt market is primarily held by the Democratic Republic of Congo (DRC), which has implemented new export regulations requiring exporters to prepay a 10% mining license fee and has introduced stricter export supervision measures [5][6] - The DRC's export quota system, which began on October 15, 2023, allows for the export of 18,100 tons of cobalt for the remainder of the year and 96,600 tons for each of the following two years, impacting the global cobalt supply chain [6][9] Group 2 - The cobalt market is transitioning from a free export system to a quota-based export system, which may disrupt the battery cathode materials market, particularly affecting the demand for cobalt in ternary batteries while potentially boosting the lithium iron phosphate battery market [12][13] - The article highlights that while cobalt is essential for high-end electric vehicles and aerospace applications, the ongoing price increases may lead to a shift towards lithium iron phosphate batteries, especially among international brands [12][13] - Companies like Luoyang Molybdenum and Huayou Cobalt are expected to benefit from the rising cobalt prices, with Luoyang Molybdenum reporting a production of 88,000 tons of cobalt in the first three quarters of the year [10][14]