Cobalt hydroxide sees price growth despite long-term supply pressure

Cobalt hydroxide prices on a fixed and payables basis have risen over the last seven days, supported by a pickup in cobalt sulfate prices, low cobalt metal prices and a firming battery raw materials market, sources told Fastmarkets on Friday June 9.

After cobalt hydroxide hit a record low for the price series in May, a strengthened battery raw material market has supported a recovery in the hydroxide market.

Fastmarkets’ weekly...


Alexander Cook

June 09, 2023

15:24 GMT