The upward momentum in cobalt spot prices continued on Thursday June 17 with prices rising for the second consecutive day, and traders becoming aggressive in the market after sensing a return of demand.
Fastmarkets' price assessment for cobalt, standard grade, in whs Rotterdam, was $20.20-20.95 per lb on Thursday. This was up from $20.10-20.70 per lb the previous day.https://www.metalbulletin.com/My-price-book.html?price=34259Business was confirmed at both ends of the range. Once a price of $20.95 per lb had been achieved, the seller immediately raised its offers to $21.00-21.30 per lb, with buyers reported to be coming back for more units...