The chart above is a sample of historical data taken from Intratec Primary Commodity Prices. It presents price assessments for Cobalt, in USA Dollar per metric ton (USD/mt), as follows:
- Cobalt, GLO (Global): Cobalt, spot price, i-w, Global
- Cobalt, CN (China): Cobalt, domestic spot price, exw, China
- Cobalt, EUR (Europe): Cobalt, spot price, i-w, Netherlands
This sample data is provided for illustrative purposes only. Subscribe now and access up-to-date monthly prices of 225 commodities, including Cobalt.
Data Use
Cobalt Metal prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
Data Delivery Methods
Cobalt Metal price assessments are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
Intratec Primary Commodity Prices
Track global current prices of 225 commodities including Cobalt Metal
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Locations
Prices Directly In Excel
- Plans Starting at $299 USD /year
Cobalt Metal Price Outlook
Cobalt Metal Price Outlook. The price of Cobalt (China) increased during March 2025 to 32,300 USD per metric ton, which represents a considerable rise of 45% compared to the previous month’s value. On a year-over-year basis, the prices of Cobalt (China) increased by 5%. Meanwhile, the average price of Cobalt (Europe) amounted to 32,000 USD per metric ton, from 30,000 USD per metric ton one year earlier. On a month-over-month basis, the price of Cobalt (Europe) is 43% higher than the price one month before.
The price of Cobalt (Global) rose considerably throughout March 2025, reaching 31,700 USD per metric ton. The price is 47% higher than the average price in the previous month and 12% higher than the average price one year before.
About Cobalt Metal
About Cobalt Metal. Cobalt is a grey, ductile, and ferromagnetic metallic element. The metal is present in nature in dispersed form so that it is commercially produced as a by-product of the mining and processing of other ores, such as copper and nickel, in a way that its output cannot be increased without an increase in the market of the primary metals.
Cobalt Metal Handling. It must be stored in a sealed container, in a cool and dry area. Also, it is necessary to protect from acids.
Cobalt Metal Production. Raw materials and the respective production processes employed in the manufacturing of Cobalt Metal are listed below.
- Cobalt sulfide ores + limestone + coal (smelting),
- Nickel matte/nickel-copper matte + hydrogen (pressure leaching/reduction; coproduced with nickel),
- Lateritic ore (pressure leaching/solvent extraction/electrolysis; coproduced with nickel),
- Copper-cobalt sulfide ores (ore roasting/acid leaching/electrolysis; byproduct of copper production)
Cobalt Metal Uses. The uses and applications of Cobalt may vary according to its specification. The main forms of Cobalt are blocks, rings, inserts, and segments with a 99.8% minimum purity.