Cobalt prices

Track cobalt commodity prices daily with Fastmarkets

Why use Fastmarkets' cobalt prices?

Our cobalt prices are market-reflective, unbiased, IOSCO-compliant and widely used across the new generation energy commodity markets. With ongoing volatility in the battery materials market, you need clarity and transparency for both the buy- and sell-side of cobalt price transactions.

Fastmarkets recognizes the importance of being clear about our cobalt price assessment and index process. This is why our cobalt pricing process aligns with core IOSCO principles. Our price reporters follow robust pricing procedures, clearly defined methodologies and price specifications during their market reporting and pricing sessions. All calculations or assessments are verified through our integrated peer review system, to guarantee unrivaled quality control and compliance. Our cobalt metals futures price is used and trusted by the CME Group – the world’s leading derivatives marketplace.

Fastmarkets has more than 150 years of specialist commodity expertise. As well as our thousands of metals prices, we have the benchmark cobalt price and a leading cobalt hydroxide price. Keep up to date with cobalt price shifts with access to cobalt price charts, data and expert analysis.

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Cobalt price charts
Stay up to date with the latest price data for our benchmark and leading cobalt prices
Weak cobalt demand hits prices
Cobalt hydroxide price under pressure

We strive to meet the market’s data requirements honestly and independently. Fastmarkets acts with diligence and integrity to ensure that trust and confidence is maintained in the reliability of our pricing methodologies

Why use a price reporting agency?

We have reached a critical stage in the transition to a low-carbon future, but this ambition can create supply chains which are volatile and imbalanced, impacting the key electric vehicle (EV) and energy storage system (ESS) markets.

As you navigate this ever-changing landscape, you need prices and forecasts for key battery materials that you can rely on to reflect supply and demand conditions now and for the future.

By using a price reporting agency (PRA), you can:

  • Ensure that you have the prices you can use that reflect supply and demand conditions
  • Provide a reference for transactions in exchange-based contracts and trades
  • Give confidence to contract counterparties that the prices used are impartial
  • Improve efficiency when renegotiating contracts
  • Offer a reliable indicator of a battery material’s value and conditions
  • Deliver instant and accessible data through an automated platform
  • Ensure trusted, critical short- and long-term forecasts in a new generation of energy markets
  • Provide essential outlooks for black mass and battery material recycling

Find out more

Cobalt forecasting, price data and other products to help you

Insights and expert economic modeling to give you unmatched clarity into how the cobalt market will evolve

Understand the battery material demands of today and plan for tomorrow

Trade on market-reflective prices

Enable risk management using futures contracts

Fastmarkets’ energy events give you a front-row seat to one of the most dynamic and critical markets in today’s economy as we make the strategic transition to a low-carbon economy.

Keep on top of volatility with battery materials news and intel

Market-reflective prices, forecasts and insights for the battery materials markets: Discover how Fastmarkets NewGen can help you navigate this ever-changing landscape


Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • FastMarkets and more