Fastmarkets discovered that most market participants track its all-in exw China cobalt sulfate price and standard-grade cobalt price, and calculate the adjustment themselves by using either the same formula that Fastmarkets uses
or a slightly different one.
Additionally, an increasing number of market participants are referring to Fastmarkets’ cobalt hydroxide payable indicator
and standard-grade cobalt metal price to track the raw material prices for cobalt sulfate. Some cobalt hydroxide deals have also been linked to both assessments.
Historical data for the discontinued adjustment will remain available on the pricing section of the Fastmarkets website.
To provide feedback on this discontinuation, please contact Susan Zou by email at: firstname.lastname@example.org
. Please add the subject heading "FAO: Susan Zou re: discontinuation of cobalt sulfate adjustment."
To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology