Fastmarkets assessed the standard-grade cobalt price
at $15.30-16.75 per lb, in-warehouse, on Wednesday, up by 4.4% from $14.50-16.20 per lb in the previous assessment on April 5.
The price for alloy-grade material rose further; Fastmarkets assessed the alloy-grade cobalt price
at $16.50-17.30 per lb, in-warehouse, on Wednesday, up by 6% from $15.15-16.75 per lb at the end of last week. The increase reflecting tightness for cut cathode, which was well sold at aggressive prices in the first quarter.
The pace of recovery – the benchmark low of the standard-grade metal price has risen from $13.30...