Cobalt prices flatlined for the third consecutive month in September in the absence of significant market operations. Prices averaged USD 32,982 per metric ton in September, unchanged from August’s price but down 36.0% year on year. Meanwhile, on 29 September, cobalt traded at USD 32,991 per metric ton, stable month on month.
This chart displays Cobalt (US$/mt) from 2021 to 2023.
Cobalt (prices in US$/mt, aop)
| Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
|---|---|---|---|---|---|---|---|---|
| Cobalt | - | - | - | 61,760 | 74,418 | 77,119 | 52,082 | 51,504 |