COBALT FUTURES SNAPSHOT: Open interest at nearly 2,000 tonnes on 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
July 22, 2021: 5 tonnes for August 2021 at $25 per lb
July 23: 5 tonnes for September 2021 at $25.20 per lb
July 28: 176 tonnes (88 tonnes for August at $25.04 per lb; 88 tonnes for December at $25.40 per lb)

August 4: 25 tonnes (5 tonnes each month between January and May 2022, all at $24.90...

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