Cobalt prices have continued their steady upswing over the past week, with consumers keeping an eye on spot market trends with a view to restocking in the coming weeks, and sellers happy to hold on to material until then.
Fastmarkets' price assessment for cobalt, standard-grade, in-whs Rotterdam, was $16.70-17.20 per lb, in-warehouse on Monday February 10, unchanged day on day but up from $16.50-16.90 per lb a week earlier.Spot market activity was quieter on Monday than in recent weeks, with smaller trades...