Actual
26,896.36
Daily Change
-44.10 -0.16%
Monthly
-21.14%
Yearly
-52.42%
Q4 Forecast
26,506.68
Cobalt Hydroxide - Summary

Cobalt Hydroxide fell to 26,896.36 USD/MT on November 11, 2026, down 0.16% from the previous day. Over the past month, Cobalt Hydroxide's price has fallen 21.14%, and is down 52.42% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Cobalt Hydroxide - Stats

Historically, Cobalt Hydroxide reached an all time high of 60981.28 in January of 2026. This page includes a chart with historical data for Cobalt Hydroxide. Cobalt Hydroxide - data, forecasts, historical chart - was last updated on November 12 of 2026.

Cobalt Hydroxide - Forecast

Cobalt Hydroxide is expected to trade at 26506.68 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 24506.69 in 12 months time.



Price Day Month Year Date
Lithium 90,650.00 200 0.22% -18.81% 7.47% Nov/12
Platinum 1,526.80 -11.70 -0.76% -8.64% -3.34% Nov/12
Cobalt Hydroxide 26,896.36 -44.10 -0.16% -21.14% -52.42% Nov/11
HRC Steel 1,427.00 -1.00 -0.07% 8.02% 66.90% Nov/12
Iron Ore 92.15 -0.39 -0.42% 1.45% -11.54% Nov/11
Silicon 8,610.00 25.00 0.29% -0.98% -5.95% Nov/12
Scrap Steel 398.00 -5.50 -1.36% 0.76% 12.11% Nov/11
Titanium 41.00 0 0% -5.75% -10.87% Nov/12


Cobalt Hydroxide
Cobalt hydroxide is used in the production of lithium-ion battery cathodes, where it serves as a foundational precursor for electric vehicle batteries and large-scale energy storage systems. Beyond the battery supply chain, this commodity is widely utilized to manufacture industrial catalysts, specialized paint and varnish drying agents, and blue pigments for the ceramics and glass sectors. The Democratic Republic of the Congo (DRC) dominates extraction by mining roughly 70% to 75% of the world's supply as a by-product of copper and nickel operations. This unrefined material is then predominantly exported to China, which commands the global refining market by processing the Congolese hydroxide into battery-grade chemicals, alongside emerging secondary processing hubs in countries like Indonesia. Cobalt hydroxide prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
26896.36 26940.46 60981.28 14894.42 2024 - 2026 USD/MT daily