Copying and distributing are prohibited without permission of the publisher
Cobalt price surge continues on strong demand, consumer stock-building
January 17, 2014 - 17:56 GMT
Strong demand and consumer stock building drove low-grade cobalt prices to their highest levels since October on Friday January 17.
Low-grade cobalt hit $12.50-13.50 per lb, up from
$12.20-13.40 per lb on Wednesday January 15, having climbed
from a November floor of $11.35-12.60 per lb. High-grade cobalt
surged to $13-14.05 per lb on Friday, up from $12.40-13.40 per
lb previously. Producers and traders hiked their offer prices
on strong demand and reduced availability from some
producers. Cobalt trades were confirmed as low as $12.50
per lb on low-grade material and up to around $14 per...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from news and pricing data going back to 1997 plus access to our online database - MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.