Metal bulletin's price assessments for high-grade
and low-grade cobalt
both dropped to $38.85-40 per lb on Friday July 6, off from $39.70-41 per lb on June 29 and down 2.3% over the course of the week.
The cobalt metal assessments stood at $39-40.85 per lb midweek. Prices for both grades remained at parity in thin summer trading conditions.
“There are conflicting opinions, [which is] the inevitable product of thin markets. There is a lot of...