Trade log March 2020: Cobalt

Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back.

Fastmarkets prices 
Click here for Fastmarkets’ price assessment for standard-grade cobalt, in-whs Rotterdam, $/lb. 

Click here for Fastmarkets’ price assessment for alloy-grade cobalt, in-whs Rotterdam, $/lb. 

Click here for Fastmarkets’ cobalt methodology and specifications document.

Fastmarkets increased the frequency of its benchmark price assessments for standard and alloy-grade cobalt, in-warehouse Rotterdam to daily on Monday February 3, 2020. Click here for details.

Follow the links below for other cobalt price assessments: 
Cobalt 99.8% Co min, ex-works China, yuan/tonne

Cobalt hydroxide index 30% Co min, cif China, $/Ib 

Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end)

Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

Cobalt tetroxide 72.6% Co min, delivered China, yuan/tonne

Tuesday March 31
Alloy-grade – $16.30-16.75
Large tonnage sold at $16.50
Prices indicated at $16.30-16.75
Prices indicated at $16.30-16.75
Prices indicated at $16.30-16.75
Prices indicated at $16.30-17
Prices indicated at $16.40-16.85
Small tonnage sold at $16.40

Standard-grade – $16-16.55
Offer for small tonnage at $17
Offer for small tonnage at about $16.20
Offer for standard tonnage at $16.25-16.30
Offer for standard tonnage at $16.75
Prices indicated at $15
Prices indicated at $16.15-16.55
Prices indicated at $16.15-16.55
Prices indicated at $16.15-16.55
Prices indicated at $16.15-16.75
Prices indicated at $16.30-16.70
Small tonnage sold at about $16
Standard tonnage reportedly sold at $16-16.25

Monday March 30
Alloy-grade – $16.30-16.75
Large tonnage bought at $15.50
Prices indicated at $16.30-16.50
Prices indicated at $16.30-16.75
Prices indicated at $16.30-16.75
Prices indicated at $16.20-16.70
Prices indicated at $16.55-16.95

Standard grade – $16.15-16.55
Offer for large tonnage at $16.15
Offer for large tonnage at $16.15-16.55
Offer for large tonnage at $16
Offer for large tonnage at $16.50
Offer for small tonnage at $16.25
Offer at $16.40
Reported sale at $16
Prices indicated at $16.15-16.55
Prices indicated at $16.35-16.85

Friday March 27
Alloy-grade – $16.30-16.75
Small tonnage sold at $17.20
Small tonnage sold at $16.90
Offer for large tonnage at $15.20
Offer for large tonnage at $16.30
Offer for standard tonnage at $16.20
Bid at $15
Prices indicated at $16.20-17
Prices indicated at $16.75
Prices indicated at $16.45-16.85

Standard grade – $16.15-16.55
Small tonnage sold at $17
Small tonnage sold at $16.90
Offer for large tonnage at $16.90
Offer for large tonnage at $14.35
Offer at $15
Prices indicated at $15
Prices indicated at $16.50-17.50
Prices indicated at $16.50
Prices indicated at $16.30-16.75

Thursday March 26
Alloy-grade – $16.30-16.75
Large tonnage sold at $16.50
Offer at $16.75
Prices indicated at $16
Prices indicated at $16.30-16.80
Prices indicated at $16.50-17
Small tonnage sold at $15.40

Standard grade – $16.15-16.55
Bid at $16
Offer at $16.10-16.15
Offer at $16.50
Offer for small tonnage at $17
Prices indicated at $16
Prices indicated at $16.15-16.30
Prices indicated at $16.15-16.55
Prices indicated at $16.35-17
Prices indicated at $16-16.15

Wednesday March 25
Alloy-grade – $16.30-16.80
Small tonnage sold at $16.60
Prices indicated at $17
Prices indicated at $16.30-16.80
Prices indicated at $16.30-16.80
Prices indicated at $17.50-18
Prices indicated at $16.30-16.80
Prices indicated at $16.50

Standard-grade – $16.15-16.55
Small tonnage sold at $16.40
Small tonnage sold at $16.15
Small tonnage sold at $16.20
Offer for small tonnage at $17
Offer at $16.40
Prices indicated at $16.15-16.55
Prices indicated at $16-16.50
Prices indicated at $16.15-16.55
Standard tonnage sold at $16.35
Prices indicated at $16.15-16.55
Standard tonnage reportedly sold at $16.55
Prices indicated at $16.15

Tuesday March 24
Alloy-grade – $16.40-16.90
Offers at $16.40-16.65
Prices indicated at $16.50-17.10
Prices indicated at $16-16.50
Small tonnage reportedly sold at $17.10
Small tonnage sold at $16.30
Small tonnage sold at $17.50

Standard-grade – $16.15-16.55
Large tonnage sold at $14
Offer at $16.50
Offer at $16.80
Offer for standard tonnage at $16.25
Offer for standard tonnage at $16.50
Offers at $14.50-15.50
Offers at $16.30-16.50
Prices indicated at $15-16
Prices indicated at $15-16
Prices indicated at $16.40-16.90
Prices indicated at $16-16.50
Small tonnage sold at $16.15
Small tonnage sold at $17.15
Small tonnage sold at $17.50

Monday March 23
Alloy-grade – $16.40-16.90
Offers at $14-16
Offer for large tonnage at $14.50-15 (above maximum tonnage threshold)
Prices indicated at $16.40-16.90
Prices indicated at $16-16.50
Prices indicated at $16.75-17
Offer for standard tonnage at $17

Standard-grade – $16.30-16.70
Offer at $16.50
Offer for large tonnage at $14.50-15 (above maximum tonnage threshold)
Offer for small tonnage at $16.75
Offers at $16.30-16.50
Offers at $16.65-16.75
Prices indicated at $16.30
Prices indicated at $16.50-16.80
Prices indicated at $16-16.50
Standard tonnage sold at $16.30

Friday March 20 
Alloy-grade – $16.40-16.90 
Prices indicated at $15
Prices indicated at $16
Prices indicated at $16-16.30
Prices indicated at $16.75-17
Prices indicated at $16.80-17.30
Large tonnage offered at $17.25
Offer at $16
Small tonnage sold at $16.65

Standard-grade – $16.30-16.70
Prices indicated at $16-16.30
Prices indicated at $16.50-16.80
Prices indicated at $16.50-16.85
Prices indicated at $16.70-16.80
Material offered at $16
Small tonnage offered at $16.40
Small tonnage offered at $17.10-17.25
Small tonnage offered at $17.10-17.25
Standard tonnage offered at $16.95
Large tonnage offered at $15.50
Large tonnage offered at $16.95

Thursday March 19
Alloy-grade – $16.45-16.95
Material reportedly sold at about $15 (RMB conversion)
Offer at $15.20 (forward)
Offer for large tonnage at $17
Prices indicated at $16.30-16.95
Prices indicated at $16.50
Prices indicated at $16.50-17

Standard-grade – $16.30-16.70
Material reportedly sold at $15 (RMB conversion)
Offer at $16.75
Offer at $17.75
Offer for large tonnage at $16 (greater than maximum tonnage)
Offers at $16.40-16.50
Prices indicated at $16
Prices indicated at $16.20-16.55
Prices indicated at $16.40-16.75
Prices indicated at $16.50
Prices indicated at $16.50
Prices indicated at $16-16.40
Small tonnage reportedly sold at $16.75
Small tonnage sold at $15.50
Small tonnage sold at $16.60

Wednesday March 18
Alloy-grade – $16.50-17.15
Offers at $16-16.50
Prices indicated at $16.40
Prices indicated at $17.15-17.65
Small tonnage sold at $16.50
Standard tonnage reportedly sold at $16.65
Standard tonnage sold at about $16.70

Standard-grade – $16.40-16.75
Material reportedly sold at $16-16.50
Offer at $15.90
Offer at $16.65
Offer at $17
Offer for large tonnage at $16.50
Offer for small tonnage at $16.75
Offer for small tonnage at $17
Offer for standard tonnage at $16.95
Prices indicated at $16.35-16.50
Prices indicated at $16.40-16.45
Prices indicated at $16.60
Prices indicated at $16.60
Prices indicated at $16.60-16.75
Standard tonnage sold at $16.60
Standard tonnage sold at $16.70

Tuesday March 17
Alloy-grade – $17.15-17.65
Material reportedly sold at $14.50-14.90
Offer at $16.75
Offer at $17.20
Prices indicated at $17.10
Prices indicated at $17.40-17.90
Prices indicated at $17.50-18
Prices indicated at $17-17.15

Standard-grade – $16.60-16.95
Offer at $16.75
Offer at $16.80 (material outside Fastmarkets’ specification)
Offer at $16.95
Offer for small tonnage at $16.85-16.90
Offer for standard tonnage at $16.75
Prices indicated at $16.75
Prices indicated at $16.75-17
Prices indicated at $17
Small tonnage sold at $16.75
Standard tonnage sold at $16.60

Monday March 16
Alloy-grade – $17.50-18.00

Prices indicated at $17.60-18.30
Prices indicated at $17.60-18.20
Prices indicated at $17.60-18.20
Prices indicated at $17.50-18.00
Prices indicated at $17-17.50

Standard-grade – $16.85-17.15 
Small tonnage sold at $17.15
Offer for small tonnage at $17.10
Offer for small tonnage at $17.15
Offer for large tonnage at $17
Prices indicated at $17 -17.30
Prices indicated at $17 -17.30
Prices indicated at $16.5-17
Prices indicated at $17
Friday March 13 
Alloy-grade – $17.60-18.20
 
Offer for large tonnage at $17.45
Prices indicated at $17.60-18.20
Prices indicated at $17.60-18.20
Prices indicated at $17.60-18.20
Prices indicated at $17.60-18.20
Prices indicated at $17.50-17.80
Prices indicated at $15

Standard-grade – $17-17.30 

Offer for small tonnage at $17.15
Prices indicated at $17-17.30
Prices indicated at $17-17.30
Prices indicated at $17-17.30
Prices indicated at $17-17.30
Prices indicated at $17.20
Prices indicated at $17.10-17.15
Prices indicated at $17
Thursday March 12 

Alloy-grade – $17.60-18.20 
Offer at $18.20 
Offer for small tonnage at $17.95 
Offer for standard tonnage at about $17 
Offers at $17.80-18 
Prices indicated at $17.80-18 
Prices indicated at $18 
Prices indicated at about $17.50-17.60 

Standard-grade – $17-17.30

Bid at $16.20-16.30
Offer at $17.05
Offer for small tonnage at $17
Offer for small tonnage at $17.10
Offer for small tonnage at $17.15
Offer for small tonnage at $17.20
Offer for small tonnage at $17.20
Offer for standard tonnage at $17
Offer for standard tonnage at $17
Offer for standard tonnage at $17.50
Prices indicated at $17.25-17.30
Prices indicated at $17-17.25
Standard tonnage reportedly sold at $16.50
Standard tonnage sold at $17.15

Wednesday March 11
Alloy-grade – $17.60-18.20
Large tonnage sold at $14 (forward)
Material reportedly sold at $17.50
Offer for large tonnage at $17.95
Offer for small tonnage at $18.50
Offer for standard tonnage at $17.60
Offers at $17.80-18
Prices indicated at $17.80-18
Standard tonnage sold at $17

Standard-grade – $17-17.30
Offer at $16.90 (offgrade)
Offer at $17.10
Offer for small tonnage at $16.90 (offgrade)
Offer for standard tonnage at $17.30
Prices indicated at $17
Prices indicated at $17
Prices indicated at $17
Prices indicated at $17
Prices indicated at $17
Prices indicated at $17.20-17.50
Prices indicated at $17-17.25
Small tonnage sold at $17.25
Small tonnage sold at $17.25
Standard tonnage reportedly sold at $17.50

Tuesday March 10
Alloy-grade – $17.80-18.40
Offers at $17.80-18
Prices indicated at $17.25-17.75
Prices indicated at $17.80-18.40
Prices indicated at $17.80-18.40
Prices indicated at $17.95-18.50
Prices indicated at $18

Standard-grade – $17-17.50
Offer at $17.10-17.15
Offer at $17.20
Offer for large tonnage at $17.15
Offer for small tonnage at $17.05
Offer for small tonnage at $17.10
Offer for standard tonnage at $17.10
Offers at $17.20-17.30
Prices indicated at $17.05-17.50
Prices indicated at $17.15
Prices indicated at $17-17.15
Prices indicated at $17-17.50
Prices indicated at $17-17.50
Small tonnage sold at $17
Small tonnage sold at $17.15
Small tonnage sold at $18.75 (less than minimum tonnage)
Small tonnage sold at about $16.45 (offgrade)
Standard tonnage reportedly sold at $17.05

Monday March 9
Alloy-grade – $17.80-18.40
Prices indicated at $18
Prices indicated at $17.80-18.40
Prices indicated at $18-18.20
Prices indicated at $17.95-18.50
Offers reported at $17.40
Large tonnage bid at $17.65

Standard-grade – $17-17.50

Prices indicated at $17
Prices indicated at $17-17.35
Prices indicated at $17.10
Prices indicated at $17.10-17.30
Prices indicated at $17
Offers reported at $17.30-17.40
Large tonnage offered at $17.35
Small tonnage offered at $16.80
Standard tonnage sold at $17.50

Friday March 6
Alloy-grade – $17.80-17.40

Standard tonnage reportedly sold at $18.50
Prices indicated at $18-18.50
Prices indicated at $18-18.20
Prices indicated at $17.95-18.50
Offer for small tonnage at $19
Offer for large tonnage at $18
Offer for large tonnage at $18.50
Bid at $17.90
Small tonnage sold at $18
Standard tonnage sold at $16.90

Standard-grade -$17.00-17.35
Prices indicated at $17.20-17.30
Prices indicated at $17.10-17.30
Prices indicated at $17.00-17.40
Prices indicated at $16.50-16.80
Prices indicated at $16.10-16.20
Prices indicated at $17.00
Offer for small tonnage at $17.10
Offer for small tonnage at $17.00
Offers for small tonnage at $17.15
Offers for small tonnage at $17.00
Offer for small tonnage $17.45
Offer at about $17 (less than minimum tonnage)
Material reportedly sold at about $16
Small tonnage sold at $17.80

Thursday March 5
Alloy-grade – $17.80-18.40
Bid for standard tonnage at $17.75
Offer for standard tonnage at $18
Offers at $18.50
Prices indicated at $18-18.25
Prices indicated at $18-18.40
Small tonnage sold at $18.25
Small tonnage sold at $18.40
Small tonnage sold at $18.40

Standard-grade – $17-17.35
Bid for standard tonnage at $17
Offer at $17.40
Offer for large tonnage at $17
Offer for large tonnage at $17.45
Offer for small tonnage at $17
Offer for standard tonnage at $17.20
Prices indicated at $17-17.35
Small tonnage sold at about $18
Standard tonnage sold at $17

Wednesday March 4
Alloy-grade – $17.65-18.25

Material reportedly sold at $18.20
Offer at $18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.90-18.40
Prices indicated at $18
Standard tonnage offered at $18.40

Standard-grade – $17-17.35
Material reportedly sold at $17.20
Material reportedly sold at $17.30
Material reportedly sold at $17.30
Offer at $16.60 (offgrade)
Offer at $18.30
Offer at about $17
Offer for large tonnage at about $17.50
Offers at $17.20-17.30
Offers at $17-17.25
Prices indicated at $17.20-17.30
Prices indicated at $17-17.40
Prices indicated at $17-17.40
Prices indicated at $17-17.40
Prices indicated at $17-17.40
Prices indicated at $18
Small tonnage sold at about $17
Standard tonnage reportedly sold at $17.20

Tuesday March 3
Alloy-grade –$17.65-18.10
Offer at $18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.75-18.25
Prices indicated at $17.95-18.50
Small tonnage sold at $18.10

Standard-grade – $17-17.40
Offer at $17
Offer for small tonnage at $17.20-17.30
Offer for standard tonnage at $17.25
Price indicated at $17.10-17.35
Prices indicated at $17-17.40
Prices indicated at $17-17.40
Prices indicated at $17-17.40
Small tonnage sold at $17.20
Small tonnage sold at $17.30
Small tonnage sold at $17.30

Monday March 2
Alloy-grade – $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.65-18.25
Prices indicated at $17.75-18.25
Prices indicated at $17.90-18.40
Prices indicated at $19

Standard-grade – $17-17.40
Offer for standard tonnage at $16.70
Offer for standard tonnage at $17.25 (material outside Fastmarkets’ specifications)
Prices indicated at $16.50
Prices indicated at $17.10-17.35
Prices indicated at $17-17.35
Prices indicated at $17-17.35
Prices indicated at $17-17.35
Prices indicated at $17-17.40
Small tonnage sold at $17.80