Correction to cobalt hydroxide index 30% Co min, cif China

Fastmarkets has corrected its cobalt hydroxide index 30% Co min, cif China, which was published incorrectly on Friday February 24 due to an error.

The index was incorrectly calculated at $8.81 per lb on Friday. After the price’s publication, Fastmarkets learned that a deal at $8.30 per lb that was included in the index calculation should have been discarded because it fell outside of Fastmarkets’ specifications.

The price for MB-CO-0020 cobalt hydroxide index 30% Co min, cif China has since been corrected to $8.86 per lb.

Fastmarkets’ price book and database have been updated to reflect this change.

For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to the cobalt hydroxide index 30% Co min, cif China, please contact Justin Yang by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Justin Yang, re: Cobalt hydroxide index 30% Co min, cif China.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/about-us/methodology.

What to read next
Chinese mining giant CMOC reported a 178% year-on-year increase in cobalt metal production for the first six months of 2024, according to an announcement by the company on Friday July 12
Fastmarkets has amended the name of MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb as of Wednesday July 17.
The publication of Fastmarkets’ CIS steel slab, wire rod, hot-rolled and cold-rolled coil assessments was postponed by one day due to a public holiday in Ukraine on Monday July 15.
The publication of Fastmarkets’ price assessments for MB-STE-0093 Turkey domestic auto bundle scrap and MB-STE-0094 Turkey domestic melting scrap from shipbreaking for June 17 were delayed due to a reporter error.
The publication of Fastmarkets’ MB-STE-0887 steel scrap shredded, index, import, cfr Port Qasim, Pakistan was delayed on Tuesday July 16 due to a technical error.
Fastmarkets has corrected its MB-MNO-0001 manganese ore high grade index, cif Tianjin, $ per dmtu, which was published incorrectly on Friday July 12.