Actual
39140
Daily Change
0 0%
Monthly
-22.75%
Yearly
11.83%
Q4 Forecast
39744
Cobalt - Summary

Cobalt traded flat at 39,140 USD/T on October 2, 2026. Over the past month, Cobalt's price has fallen 22.75%, but it is still 11.83% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Cobalt - Stats

Historically, Cobalt reached an all time high of 95250 in March of 2018. Cobalt - data, forecasts, historical chart - was last updated on October 5 of 2026.

Cobalt - Forecast

Cobalt is expected to trade at 39743.80 USD/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 41641.05 in 12 months time.



Price Day Month Year Date
Coal 148.95 -0.35 -0.23% 1.33% 41.86% Oct/02
Bitumen 4,568.00 -574.00 -11.16% -2.04% 35.43% Sep/30
Cobalt 39,140.00 0 0% -22.75% 11.83% Oct/02
Lead 1,868.88 18.45 1.00% -1.66% -6.86% Oct/05
Aluminum 3,123.45 25.95 0.84% -5.68% 14.82% Oct/05
Tin 54,013.00 -319 -0.59% -1.71% 44.21% Oct/02
Zinc 3,702.15 3.80 0.10% -6.82% 23.12% Oct/05
Nickel 15,638.50 108 0.70% -6.30% 1.12% Oct/05
Molybdenum 620.50 0 0% 0.49% 22.27% Sep/30
Palladium 1,180.00 7.50 0.64% -16.43% -11.08% Oct/05
Gallium 1,740.00 0 0% -2.52% 4.50% Sep/30
Germanium 27,250.00 0 0% 6.86% 91.23% Sep/30
Manganese 28.85 0 0% 0.35% -3.35% Sep/30
Indium 5,250.00 0 0% -1.87% 107.92% Sep/30
Soda Ash 1,050.00 0 0% 0% -11.17% Oct/05
Neodymium 947,500.00 0 0% -0.79% 20.70% Sep/30
Tellurium 798.50 0 0% 0.13% 34.20% Sep/30
Rhodium 9,000.00 0 0% -5.01% 27.21% Oct/05


Cobalt
Cobalt is a hard, lustrous, grey metal with a high melting point (1493°C). Cobalt is used mainly in the production of chemicals (58 percent), superalloys for gas turbine blades and jet aircraft engines, special steel, carbides, diamond tools, and magnets. By far, the biggest producer of cobalt is DR Congo (more than 50%) followed by Russia (4%), Australia, the Philippines, and Cuba. 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. Prices for Cobalt displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
Actual Previous Highest Lowest Dates Unit Frequency
39140.00 39140.00 95250.00 21550.00 2010 - 2026 USD/T Daily