CME to launch Fastmarkets-based cobalt hydroxide futures on October 23

The Chicago Mercantile Exchange (CME) will launch cobalt hydroxide futures underpinned by Fastmarkets’ price assessment for cobalt hydroxide, min 30% Co, inferred, China on October 23, the exchange announced on Monday September 18.

The addition of cobalt hydroxide futures comes at a time when electric vehicle demand is expected to ramp up in the coming years, driving demand and volatility in the global...


Justin Yang

September 18, 2023

16:25 GMT