Trade log October 2018: Cobalt

Cobalt trade log including business, bids and offers reported to Fastmarkets MB.

Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back.

Fastmarkets MB prices
Click here for Fastmarkets MB’s price assessment for low-grade cobalt, in-warehouse, $ per lb
Click here for Fastmarkets MB’s price assessment for high-grade cobalt, in-warehouse, $ per lb

In light of feedback received as part of the consultation on its international cobalt price specifications, Fastmarkets MB will change the names of its benchmark in-warehouse Rotterdam assessments from January 2019. Click here for details.

Wednesday October 31
High-grade – $33.50-34.50
About 5 tonnes sold at $32.50 (offgrade)
Bid at about $33.35
Material reportedly sold at $34.45
Offer for 10 tonnes at $33.40
Offer for 10 tonnes at $33.85
Prices indicated at $33.50-34
Prices indicated at $33.50-34
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.60
Prices indicated at $34.50-35
Small tonnage sold at $35 (below minimum tonnage)

Low-grade – $33.50-34.45

Material reportedly sold at $33.50 (material outside Fastmarkets’ specs)
Prices indicated at $32 (material outside Fastmarkets’ specs)
Prices indicated at $32.50 (material outside Fastmarkets’ specs)
Prices indicated at $33.50
Prices indicated at $33.50-34
Prices indicated at $33.50-34
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45
Prices indicated at $33.60-34.70
Small tonnage offered at about $36
Small tonnage sold at $33.50
Small tonnage sold at $33.70

Friday October 26 
High-grade – $33.50-34.50 

About 3 tonnes sold at $33.60
About 9 tonnes sold at $32.50 (outlier)
About 5 tonnes sold at $32.40 (outlier)
Offer for 2 tonnes at $34.60
Bid for 4 tonnes at $32.50
Prices indicated at $33.70-34.70 
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $32.50-33.50

Low-grade – $33.50-34.45
About 1 tonne sold at $33.65
About 2 tonne sold at $33.60
Offer for 5 tonnes at $33.20-33.40 (outlier)
Prices indicated at $33.70-34.65 
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45
Prices indicated at $33.50-34.45

Wednesday October 24 
High-grade – $33.50-34.50 

About 5 tonnes sold at $34.55
About 2 tonnes sold at $34.45
About 1 tonne sold at $33.48
About 2 tonne sold at $33.50 (outlier)
About 1 tonne sold at $33.25 (outlier)
About 1 tonne sold at $31 (outlier)
Offer for 24 tonnes at $32.50 (outlier)
Offer for 5 tonnes at $32.50 (outlier)
Prices indicated at $33.80-34.55 
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40

Low-grade – $33.50-34.45
About 2 tonnes sold at $34.45
About 2 tonnes sold at $33.65
About 2 tonnes sold at $33.50
About 1 tonne sold at $31 (outlier)
Bid for 2 tonnes at $33 (outlier)
Bid for 5 tonnes at $35 (outlier)
Offer for 5 tonnes at $34.60
Offer for 11 tonnes at $33.75
Offer for 2 tonnes at $33.75
Deal heard reported between $33.65-33.70
Prices indicated at $33.80-34.80 
Prices indicated at $33.50-34.40 
Prices indicated at $33.50-34.40 
Prices indicated at $33.50-34.40 

Friday October 19
High-grade – $33.50-34.40
About 5 tonnes sold at $34.40
Offer for large tonnage at $34
Offer for small tonnage at $33.80
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.80-33.90
Prices indicated at $33.80-34.80
Prices indicated at $34.40
Small tonnage sold at $33.50 (offgrade)

Low-grade – $33.50-34.40
Offer at about $35.55
Offer for small tonnage at $33.50
Offer for small tonnage at about $33.80
Offer for small tonnage at about $34.25
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40

Wednesday October 17
High-grade – $33.50-34.40

About 5 tonnes sold at about $31 (offgrade)
Offer for large tonnage at $34.80
Offer for small tonnage at $34.30
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.70-34.80
Small tonnage sold at $33.60
Small tonnage sold at $33.70
Small tonnage sold at about $33.55

Low-grade – $33.50-34.40
Bid at $32
Offer for about 5 tonnes at $33.90
Offer for about 5 tonnes at about $33.85
Offer for small tonnage at $34.10
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.50
Prices indicated at $33.50-34.50
Prices indicated at $33.80-34.90
Small tonnage reported sold at $33.90 (material outside Fastmarkets specification)
Small tonnage sold at $33.15 (material outside Fastmarkets specification)
Small tonnage sold at about $33.50

Friday October 12
High-grade – $33.50-34.40

Prices indicated at $33.50
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.70-34.80

Low-grade – $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.80-34.20
Small tonnage sold at $33.30 (material outside Fastmarkets specification)
Small tonnage sold at $33.50 (material outside Fastmarkets specification)
Small tonnage sold at $33.60
Small tonnage sold at about $33.90

Wednesday October 10
High-grade – $33.50-34.40

Offer at $35
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.70-34.80
Prices indicated at $34
Small tonnage sold at $34.80

Low-grade – $33.50-34.40
Offers at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.75
Prices indicated at $34
Small tonnage reported sold at $35.50
Small tonnage sold at $36
Small tonnage sold at $36 (below minimum tonnage)
Small tonnage sold at about $33.45
Small tonnage sold at about $33.55

Friday October 5
High-grade – $33.50-34.40

Offer for 10 tonnes at $33.80
Prices indicated at $33.50
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.50-34.40
Prices indicated at $33.80-34.90

Low-grade – $33.50-34.40
7 tonnes sold at $34.50
About 10 tonnes sold at about $32 (material outside Fastmarkets specification)
Offer for small tonnage at $32
Offer for small tonnage at about $34.30
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.60-33.70
Prices indicated at $34
Small tonnage reported sold at about $32
Small tonnage sold at $33.50
Small tonnage sold at about $33.95

Wednesday October 3
High-grade – $33.50-34.40

About 5 tonnes sold at $33.60
Offer at $33.50
Offer at $35
Offer for about 5 tonnes at $33.50
Offers at $33-33.30
Prices indicated at $33.50-34.25
Prices indicated at $33.60-34.50
Prices indicated at $33.60-34.50
Prices indicated at $33.60-34.50
Prices indicated at $33.60-34.50
Prices indicated at $33.70-34.90
Small sale at $33.50

Low-grade – $33.50-34.25
Offer at $33.50
Offer for about 5 tonnes at $33.50
Offer for about 5 tonnes at $34
Offer for small tonnage at $34.95
Offers at $33.50-33.60 (material outside Fastmarkets specification)
Offers at $33.80-33.90
Offers at $33-33.30
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.50-34.25
Prices indicated at $33.60-33.90
Prices indicated at $33.80-33.90