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
May 7, 2021, 180 tonnes (15 tonnes each month for January to December 2022, all at $20.70 per lb)
May 6, 2021, 60 tonnes (5 tonnes each month for January to December 2022, all at $20.60 per lb)
April 30, 2021, 180 tonnes (15 tonnes each month for January to December 2022, all at $20.85 per lb)
As of Wednesday May 12, the contract had 915 tonnes of...