Texture of cobalt, cobalt stone

Cobalt Prices

Cobalt prices plunged in recent weeks, due to weak demand and increased supply. Prices averaged USD 36,615 per metric ton in February, which was down 25.1% from January’s price and 48.8% lower than in the same month last year. Meanwhile, on 28 February, cobalt traded at USD 33,746 per metric ton, which was 30.5% lower than on the same day of the previous month.

Cobalt (prices in US$/mt, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
Cobalt 46 45 51 61 74 77 52 51

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Price forecasts and historical data for Cobalt.

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