Trades total over 3,000 tonnes for CME’s cobalt contract

The latest analysis from recent activity on the CME Group’s cobalt metal futures contract, cash-settled against Fastmarkets’ price assessment for cobalt, standard grade, in-whs Rotterdam.

Key trades October 8: 90 tonnes (15 tonnes each month between January to June 2022, all at $26.75 per lb) October 14: 5 tonnes for December 2021 at $26.85 per lb October 15: 65 tonnes (5 tonnes for November 2021 at $27.45 per lb; 5 tonnes each month throughout 2022, all at $27.30 per lb) October 22: 5 tonnes for November 2021...

Published

Susan Zou

November 16, 2021

06:40 GMT

Shanghai