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African supply bottlenecks fuel cobalt price surge
African supply bottlenecks fuel cobalt price surge Thu, 06 Aug 2020 10:09:53 +0800

Chinese cobalt refiners have moved to replenish stocks of hydroxide feedstock as they gear up for a rebound in demand as coronavirus lockdowns are eased. "We are seeing a scramble for cobalt hydroxide in China, (but) buyers are finding it isn't there," said Benchmark Mineral Intelligence's (BMI) head of price assessment Caspar Rawles. Cobalt hydroxide prices are typically a percentage of the metal price, known as a payable. Accor...

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  • LME cobalt price chart in 2015-2020 Aug
  • LME Cobalt market price chart in 2013-2019 Jan
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