Cobalt traded flat at 56,290 USD/T on July 9, 2026. Over the past month, Cobalt's price has remained flat, but it is still 68.86% higher than a year ago, 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 July 10 of 2026.

Cobalt is expected to trade at 56862.66 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 58783.65 in 12 months time.



Price Day Month Year Date
Coal 129.95 0.85 0.66% -13.91% 17.07% Jul/09
Bitumen 3,783.00 12.00 0.32% -17.99% 4.13% Jul/10
Cobalt 56,290.00 0 0% 0% 68.86% Jul/09
Lead 1,898.53 4.85 0.26% -2.49% -6.41% Jul/10
Aluminum 3,157.20 -51.80 -1.61% -10.27% 21.26% Jul/10
Tin 53,647.00 1552 2.98% 3.25% 59.86% Jul/09
Zinc 3,608.85 -20.15 -0.56% 3.27% 31.83% Jul/10
Nickel 16,673.13 68 0.41% -6.30% 9.44% Jul/10
Molybdenum 612.50 5.00 0.82% 3.38% 20.10% Jul/10
Palladium 1,274.50 20.50 1.63% 2.00% -1.01% Jul/10
Gallium 1,975.00 0 0% -3.66% 16.18% Jul/10
Germanium 23,250.00 0 0% 2.20% 57.63% Jul/10
Manganese 30.25 0 0% -5.32% 2.72% Jul/10
Indium 5,650.00 0 0% 18.95% 126.45% Jul/10
Soda Ash 1,120.00 0 0% -3.95% -4.60% Jul/10
Neodymium 1,025,000.00 0 0% 9.04% 82.22% Jul/10
Tellurium 820.00 0 0% 0% 35.54% Jul/10
Rhodium 8,200.00 0 0% 2.50% 43.86% Jul/10


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
56290.00 56290.00 95250.00 21550.00 2010 - 2026 USD/T Daily