Cobalt traded flat at 56,290 USD/T on February 12, 2026. Over the past month, Cobalt's price has remained flat, but it is still 161.21% 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 95250.00 in March of 2018. Cobalt - data, forecasts, historical chart - was last updated on February 16 of 2026.

Cobalt is expected to trade at 56844.46 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 60860.75 in 12 months time.



Price Day Month Year Date
Coal 116.70 0.60 0.52% 7.06% 13.58% Feb/13
Bitumen 3,280.00 -22.00 -0.67% 2.76% -14.29% Feb/13
Cobalt 56,290.00 0 0% 0% 161.21% Feb/13
Lead 1,960.28 -3.75 -0.19% -4.97% -1.66% Feb/16
Aluminum 3,044.50 -51.25 -1.66% -3.85% 14.88% Feb/16
Tin 46,702.00 -2961 -5.96% -12.64% 42.99% Feb/13
Zinc 3,289.40 -57.95 -1.73% 1.85% 14.39% Feb/16
Nickel 17,057.88 63 0.37% -5.99% 9.80% Feb/16
Molybdenum 515.00 5.00 0.98% 0.98% 9.81% Feb/13
Palladium 1,770.00 66.50 3.90% -5.65% 77.71% Feb/16
Gallium 1,805.00 0 0% 7.44% 0% Feb/13
Germanium 14,500.00 0 0% 7.41% -12.39% Feb/13
Manganese 31.55 0 0% 1.61% 4.30% Feb/13
Indium 4,450.00 0 0% 27.14% 70.83% Feb/13
Soda Ash 1,182.00 0 0% -2.15% -16.76% Feb/16
Neodymium 1,065,000.00 0 0% 28.70% 94.52% Feb/13
Tellurium 760.00 0 0% 4.11% 9.35% Feb/13
Rhodium 10,750.00 0 0% 6.44% 131.18% Feb/16


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