Cobalt continues recovery amid tight supplies

Spot cobalt prices made marginal gains on Friday September 14 after buyers encountered limited availability of material while restocking after the summer.

Spot cobalt prices made marginal gains on Friday September 14 after buyers encountered limited availability of material while restocking after the summer. Low-grade cobalt prices were assessed at $33.35-34.10 per lb, in-warehouse, on September 14, compared with $33.35-33.95 per lb seven days ago. High-grade cobalt prices end the week at $33.45-34.35 per lb, in-warehouse, up from $33.20-34.10 on September 7. Sellers have hiked their offers after successfully selling within and slightly...

Published

Charlotte Radford

September 14, 2018

19:55 GMT

London