Fastmarkets' price assessment for cobalt 99.8% Co min, ex-works China
was at 396,000-406,000 yuan ($60,521-63,074) per tonne on Friday October 15, up by 6,000 yuan per tonne from 390,000-406,000 yuan per tonne on October 8.
Fastmarkets’ latest price assessment for cobalt standard grade, in-whs Rotterdam
was $26.45-27.15 per lb on October 18, up by $0.05 per lb from $26.45-27.10 per lb from October 15 and $25.85-26.25 per lb on October 1 when China’s National Day holiday began.
Taking both midpoint prices into consideration, China’s cobalt metal price was equivalent to approximately $25.00 per lb on October 15, excluding China’s value-added tax. The international benchmark metal midpoint price stood at approximately $26.78 per lb on October 15, at a premium of $1.77 per lb over Chinese price, narrowing from a premium of approximately $2.60...