TSXV:FCO.H - Post by User
Post by
tresspaseron Dec 08, 2017 4:12pm
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Post# 27120822
Prices jumped
Prices jumped Cobalt prices surge as Cobalt 27 soaks up hundreds of tonnes
Cobalt prices surged to fresh highs this week after investment vehicle Cobalt 27 bought over 700 tonnes of physical metal, consumers rushed to secure units, and exchange prices surged.
High-grade prices saw the most dramatic rises, jumping as much as 10% on the top end to $32.50-36.39 per lb on Friday December 8, from $31.75-33 per lb on Wednesday. The range was unusually wide as the week drew to a close, as cheaper deals as far back as Wednesday afternoon are included in the range while more recent deals were transacted at the...