Cobalt buyers pay a premium for tight alloy-grade units; standard-grade tracks higher

April 26, 2019 / www.metalbulletin.com / Article Link

Alloy-grade cobalt prices maintained their premium over standard-grade during the first half of this week amid a limited supply of cut cathode for spot market inquiries.

Fastmarkets assessed the standard-grade cobalt price at $15.90-16.95 per lb, in-warehouse, on Wednesday April 24, up 1.5% from the previous week's assessment. Alloy-grade metal continued to trade at a premium but saw slightly less pronounced gains. Fastmarkets' assessment rose to $17-17.80 per lb yesterday, up 0.9% from the previous range. Cobalt prices have recovered since the end of March, when they sat at 26-month lows, because traders and consumers have started to replenish stocks, but alloy-grade prices have led the way higher due to limited availability of cut cathode. Particularly, multiple sources reported limited production...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok