COBALT SNAPSHOT: Benchmark metal price weakens to Nov 2016 levels

Key data from the July 5 pricing session in London.

Key drivers The benchmark standard grade cobalt price fell to its lowest level in 32 months, with spot demand slow over the summer. Sellers are cutting their offer prices, or targeting the lower end of Fastmarkets’ price range to lock in trades. Some sellers said they might be open to taking a bid below...

Published

Charlotte Radford

July 08, 2019

11:37 GMT

London

Keywords