COBALT SNAPSHOT: Metal traders lock-in profit; prices drift lower

March 19, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in London on Thursday March 18.


Key drivers

Cobalt prices continue to move lower. Some sellers were open to lower bids and were happy to take profit on units bought earlier in the year, when prices were significantly lower. The price for cobalt, standard grade, in-whs Rotterdam, began 2021 at $15.30-15.90 per lb, with the alloy-grade price at...

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