Cobalt price inches down further with increased liquidity

Cobalt metal prices eased further on May 26 to drop below $39 per lb; transactions appeared lower throughout the pricing session, with some traders eager to offload tonnages before bearish sentiment sets in.

Whilst liquidity picked up in the session - in a change from previous sessions - actual deal prices were far below the beginning of the week.

Fastmarkets’ price assessment for cobalt standard...

Published

Davide Ghilotti

Alexander Cook

May 26, 2022

17:10 GMT

London