Our cobalt prices are market-reflective, unbiased, IOSCO-compliant and widely used across the new generation energy commodity markets. With ongoing volatility in the battery materials market, you need clarity and transparency for both the buy- and sell-side of cobalt price transactions.
What are Platts Cobalt Sulfate price assessments? Platts Cobalt Sulfate assessment by S&P Global Commodity Insights is based on a CIF North Asia and DDP China basis, reflecting physical spot market prices for min 20.5% cobalt content.
Unlike most other commodities, cobalt is primarily a by-product – with 60% derived from copper and 38% from nickel – so how will changes in those markets change the picture for cobalt in the coming months following a year of price weakness and oversupply in 2024?
With ongoing volatility in the battery materials market, you need clarity and transparency for both the buy- and sell-side of cobalt price transactions. Fastmarkets recognizes the importance of being clear about our cobalt price assessment and index process. This is why our cobalt pricing process aligns with core IOSCO principles.
Seize opportunities before your competition and effectively manage risk with real-time metals intelligence. Platts Cobalt sulfate assessments by S&P Global Commodity Insights, part of the Battery Metals Service, provide transparency into the Asian and European cobalt markets.
Our cobalt metals futures price is used and trusted by the CME Group – the world’s leading derivatives marketplace. Fastmarkets has more than 150 years of specialist commodity expertise. As well as our thousands of metals prices, we have the benchmark cobalt price and a leading cobalt hydroxide price.