COB 0.00% 8.9¢ cobalt blue holdings limited

Cobalt price rally lifts EV metal index., page-235

  1. 998 Posts.
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    If you think the Cobalt price on Investing.com was good, take a look at the Fastmarkets MB price:
    https://hotcopper.com.au/data/attachments/2964/2964499-7b88e4a09b7d0dcf52670ce75ab0e8c6.jpg
    On 1st March, it went up about 10%, now sitting just under USD$55K/t. This is the contract that is traded on COMEX, different from the original LME Cobalt contract, which I believe is the source of the pricing on both investing.com and trading economics.
    I expect the original LME Cobalt contract to follow this USD$55K/t price soon.
    Glencore stock price correspondingly went up by 5% on the same day:
    https://hotcopper.com.au/data/attachments/2964/2964524-f1bd0fe6c8c3148a801f28df7c3dbb1b.jpg

    Starting to look very bullish for Cobalt stocks at the moment!

 
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