COBALT SNAPSHOT: Prices drift lower on oversupply fears; consumers top up

Key data from the February 1 pricing session in London.

Key drivers - Cobalt prices continue to soften, with material from certain metal brands understood to be in adequate supply over the coming months, because they were not committed to long-term supply deals. Benchmark standard-cobalt prices were down by 21.5% in January; alloy-grade prices were down by 23%. - The pace of price declines slowed when a...

Published

Charlotte Radford

February 04, 2019

19:25 GMT

London