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Cobalt Hydroxide
Cobalt Hydroxide Prices | Current and Forecast
Cobalt Hydroxide
Cobalt Hydroxide
Cobalt Hydroxide
Co(OH)2

About Cobalt Hydroxide. Cobalt Hydroxide (a.k.a. Cobalt Hydrate; Cobaltous Hydroxide) is a red powder, insoluble in water but soluble in most organic and inorganic acids and ammonium salt solutions, the reason why it is widely applied to produce other cobalt chemicals. The hydroxide is commonly manufactured by the reaction between a cobalt (II) salt solution and sodium hydroxide after the extraction of cobalt ores. More than half of the world's mining comes from the Democratic Republic of the Congo in Africa. From there, it is transported via road to Southern African Ports and shipped to refining facilities in China, Japan, South Korea, Australia, North and South America, and the EU.

Cobalt Hydroxide Handling. Cobalt Hydroxide should be stored in a dry and well-ventilated place, usually at a temperature of 15-25 °C in tightly closed containers. Crude and refined Cobalt Hydroxide are typically traded in the form of powder and containerized before being shipped for long distances.

Cobalt Hydroxide Production. Raw materials and the respective production processes employed in the manufacturing of Cobalt Hydroxide are listed below.

  • Cobalt sulfate + sodium hydroxide (salt formation)

Cobalt Hydroxide Uses.Cobalt Hydroxide can be traded in three primary forms: crude ex-mines (about 30 wt% cobalt content), partly refined with high moisture content (lumpy paste form), and refined powder (about 62.5 wt% cobalt content). Half of global crude-grade production originates from the Democratic Republic of the Congo and is shipped worldwide for refinement for use in medical and technical applications.

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Data Type: chem-pricing
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Cobalt Hydroxide Prices | Current and Forecast

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Data Legend. The chart above shows Cobalt Hydroxide price assessment in USA Dollar per metric ton (USD/mt), as follows: Cobalt Hydroxide, import spot price, cif, China

Data Use. Cobalt Hydroxide prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .

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Cobalt Hydroxide Price Outlook. The price of Cobalt Hydroxide (Global) decreased during April 2019 to 21,400 USD per metric ton, which represents a considerable decline of 27% compared to the previous month’s value. On a year-over-year basis, the prices of Cobalt Hydroxide (Global) decreased significantly by 64%.

About Cobalt Hydroxide. Cobalt Hydroxide (a.k.a. Cobalt Hydrate; Cobaltous Hydroxide) is a red powder, insoluble in water but soluble in most organic and inorganic acids and ammonium salt solutions, the reason why it is widely applied to produce other cobalt chemicals. The hydroxide is commonly manufactured by the reaction between a cobalt (II) salt solution and sodium hydroxide after the extraction of cobalt ores. More than half of the world's mining comes from the Democratic Republic of the Congo in Africa. From there, it is transported via road to Southern African Ports and shipped to refining facilities in China, Japan, South Korea, Australia, North and South America, and the EU.

Cobalt Hydroxide Handling. Cobalt Hydroxide should be stored in a dry and well-ventilated place, usually at a temperature of 15-25 °C in tightly closed containers. Crude and refined Cobalt Hydroxide are typically traded in the form of powder and containerized before being shipped for long distances.

Cobalt Hydroxide Production. Raw materials and the respective production processes employed in the manufacturing of Cobalt Hydroxide are listed below.

  • Cobalt sulfate + sodium hydroxide (salt formation)

Cobalt Hydroxide Uses.Cobalt Hydroxide can be traded in three primary forms: crude ex-mines (about 30 wt% cobalt content), partly refined with high moisture content (lumpy paste form), and refined powder (about 62.5 wt% cobalt content). Half of global crude-grade production originates from the Democratic Republic of the Congo and is shipped worldwide for refinement for use in medical and technical applications.

Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, futures market, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).

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