Cobalt increased 500 USD/MT or 0.71% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Cobalt reached an all time high of 95250 in March of 2018. Cobalt - data, forecasts, historical chart - was last updated on February of 2022.

Cobalt is expected to trade at 69963.40 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 66945.90 in 12 months time.

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Cobalt



Price Day Month Year
Coal 227.00 6.00 2.71% 26.11% 161.97%
Bitumen 3,590.00 52.00 1.47% 13.90% 35.57%
Cobalt 71,000.00 0 0% 0.71% 55.36%
Lead 2,191.00 -5.75 -0.26% -5.13% 7.48%
Aluminum 3,074.00 24.00 0.79% 5.20% 52.33%
Tin 43,021.00 119.00 0.28% 9.49% 85.96%
Zinc 3,612.50 16.00 0.44% 0.68% 34.66%
Nickel 23,390.00 169.00 0.73% 12.69% 30.04%
Molybdenum 44.75 0 0% 0% 68.87%
Palladium 2,306.06 21.19 0.93% 19.26% -1.07%
Gallium 2,275.00 0 0% 0% 15.19%
Germanium 9,350.00 0 0% 0% 31.69%
Manganese 33.50 0 0% 0% 7.20%
Indium 1,535.00 0 0% -2.54% 18.53%
Soda Ash 2,187.50 0 0% -8.85% 60.85%
Neodymium 1,285,000.00 0 0% 15.77% 80.99%
Tellurium 457.50 0 0% -1.61% -8.04%
Iron Ore 62% fe 145.45 -0.50 -0.34% 17.17% -5.49%
Rhodium 16,850.00 0 0% 19.08% -15.75%


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, Australia, the Philippines, and Cuba. Cobalt futures are available for trading in The London Metal Exchange (LME). The standard contact has a size of 1 tonne.
Actual Previous Highest Lowest Dates Unit Frequency
71000.00 71000.00 95250.00 21750.00 2010 - 2022 USD/MT Daily