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Cobalt Prices Flat Despite Steady Long-Term Demand
Oct. 28, 2011 03:49PM PST
Battery Metals Investing
Platts reported that weaker spot demand kept cobalt prices flat this week.
Platts reported that weaker spot demand kept cobalt prices flat this week.
As quoted in the market news:
The Platts European assessment for high-grade, 99.8% cobalt cathode eased slightly to $14.90-15.90/lb DDP on October 27 from $15.00-16.00/lb a week earlier. In the US, the same grade was assessed at $14.90-16.00/lb DDP US, up from $15.00-15.90/lb a week earlier.
