ISE Metal Quotes
Cobalt is a strategic transition metal whose production is closely linked to copper and nickel mining. Supply therefore cannot respond freely to an isolated change in cobalt demand.
Cobalt is used in battery cathodes, superalloys, hard metals, catalysts, pigments and magnetic materials. Metal, powder, oxides and salts form distinct market segments.
Mining, refining, battery technology, aerospace and industrial demand, inventories and geographic risks determine prices. Chemical form and cobalt content are essential.
Average for the six-month period ending 30 days ago. Not a real-time quotation or a binding offer.
| Product | Specification and origin | Indication | 12-month movement | Delayed data date |
|---|---|---|---|---|
| Cobalt Carbonate | 46%min Delivered China | 29,31 EUR/kg | +58,3 % | 07.08.2026 |
| Cobalt Chloride | 24%min Delivered China | 13,68 EUR/kg | +51,8 % | 07.08.2026 |
| Cobalt Intermediate | 20-30% CIF China | 47,96 EUR/kg | +87,7 % | 07.08.2026 |
| Cobalt Metal | 99.8%min In warehouse Rotterdam | 47,72 EUR/kg | +59,2 % | 07.08.2026 |
| Cobalt Metal | 99.8%min In warehouse Baltimore | 50,85 EUR/kg | +38,7 % | 07.08.2026 |
| Cobalt Metal | 99.8%min Delivered China | 50,98 EUR/kg | +41,0 % | 07.08.2026 |
| Cobalt Oxide | 72%min Delivered China | 40,16 EUR/kg | +62,5 % | 07.08.2026 |
| Cobalt Oxide | 72%min In warehouse Rotterdam | 40,51 EUR/kg | +79,9 % | 07.08.2026 |
Cobalt is a strategic transition metal whose production is closely linked to copper and nickel mining. Supply therefore cannot respond freely to an isolated change in cobalt demand.
The table presents an average derived from reviewed EUR quotations over several months. Each row represents a specific product form and specification.
Only periods ending at least 30 days ago are published openly. The data date is stated separately for every row.
Mining, refining, battery technology, aerospace and industrial demand, inventories and geographic risks determine prices. Chemical form and cobalt content are essential.
Unit, purity, product form, origin and delivery term are shown in the relevant row. Different specifications should not be compared directly.
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Current quotations, complete historical series, downloads and API options are available in the protected ISE Metal Quotes service.