How much does cobalt cost per metric ton?

Prices averaged USD 29,351 per metric ton in June, down 11.4% from May’s price and 59.3% lower year on year. Meanwhile, on 30 June, cobalt traded at USD 33,000 per metric ton, 13.5% higher month on month. This chart displays Cobalt (US$/mt) from 2021 to 2023. Price forecasts and historical data for Cobalt.

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.

Where can I buy cobalt futures?

Cobalt futures are available for trading on The London Metal Exchange (LME). The standard contact has a size of 1 tonne. Futures contracts for Cobalt are financial instruments that allow producers, large consumers, and speculators, to offset or assume the risk of a price change of holding a quantity of Cobalt over time.

How much has cobalt decreased since 2023?

Cobalt decreased 18,535 USD/T or 35.68% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt is a hard, lustrous, grey metal with a high melting point (1493°C).