Cobalt prices continue steady run as parties focus on long-terms

Spot cobalt prices held steady in the first few days of November trading, although trade remained thin as consumers focused on locking in their 2019 requirements in preference to anything more than essential spot top-ups.

Fastmarkets MB assessed low-grade cobalt prices at $33.50-34.45 per lb and high-grade cobalt prices at $33.50-34.45 per lb, in-warehouse, on Friday November 2, both unchanged over the course of the week. Traders have continued to quote on spot inquiries, offering within the existing price ranges. But for the time being the focus among buyers...


Charlotte Radford

November 05, 2018

03:20 GMT