Fastmarkets assessed the prices for cobalt standard grade, in-whs Rotterdam
and cobalt alloy-grade, in-whs Rotterdam
at parity at $14.25-14.70 per lb on Tuesday August 4, up from $13.75-14.20 per lb and $13.90-14.20 per lb respectively on Friday July 31, according to Fastmarkets data.
Prices for both grades had faced downward pressure since early March.
Inquiries continued to pick up this week, with the trade and investors looking to add to their positions and some end users looking to take on...