Cobalt sellers hold offers firm against price uptick in China

December 10, 2019 / www.metalbulletin.com / Article Link

Prices for cobalt stabilized during the first week of December, with sellers less open to accepting cheaper bids than they had been in November, although spot trade remained slow.

Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam settled at $15.75-16.20 per lb on Friday December 6, narrowing downward by 10 cents from $15.75-16.30 per lb on Wednesday December 4.
Prices for cobalt alloy grade, in-whs Rotterdam similarly moved to $16.40-16.90 per lb on December 6 from $16.40-17 per lb on December 4.

"The...

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