How much does cobalt cost per pound?

In 2022, the average spot price of cobalt in the U.S. stood at 31 U.S. dollars per pound. While cobalt spot prices have been on the rise in recent years, they are still lower than in 2018, when the cobalt spot price reached 37.43 U.S. dollars per pound. Cobalt has a variety of uses, most commonly in the industrial sector.

What is US cobalt spot price?

View and export this data back to 1981. Upgrade now. US Cobalt Spot Price is at a current level of 32982.30, up from 29350.64 last month and down from 55713.24 one year ago. This is a change of 12.37% from last month and -40.80% from one year ago.

What is the Fastmarkets assessment for cobalt metal?

The Fastmarkets assessment is for Cobalt standard-grade, in-whs, Rotterdam, $/lb (code MB-CO-0005). This assessment tracks the price of standard grade cobalt metal. The Cobalt Metal futures final settlement is based on the mid-price of the daily range published by Fastmarkets.

What are cobalt hydroxide and cobalt sulphate prices worth?

Benchmark Mineral Intelligence reports cobalt hydroxide prices surged by more than 22% to more than $26,000 per tonne in August from July, while cobalt sulphate prices jumped 18.5% to average over $8,000 a tonne on the back of supply disruption and strong demand from the consumer electronics sector.